{"id":932740,"date":"2025-05-22T07:41:04","date_gmt":"2025-05-22T02:11:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=932740"},"modified":"2025-05-22T08:01:39","modified_gmt":"2025-05-22T02:31:39","slug":"marks-spencer-cyberattack-to-cost-403-million-in-operating-profit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/22\/marks-spencer-cyberattack-to-cost-403-million-in-operating-profit\/","title":{"rendered":"Marks &amp; Spencer cyberattack to cost $403 million in operating profit"},"content":{"rendered":"<p>Marks &amp; Spencer Group Plc is facing a \u00a3300 million ($403 million) hit to operating profit this fiscal year from a cyberattack that\u2019s still disrupting the company\u2019s sales and operations. <\/p>\n<p>The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said Wednesday. Online clothing and home orders, which account for more than \u00a33 million of sales a day and have been suspended for more than three weeks, will be disrupted into July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marks &amp; Spencer Group Plc is facing a \u00a3300 million ($403 million) hit to operating profit this fiscal year from a cyberattack that\u2019s still disrupting the company\u2019s sales and operations. The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said Wednesday. Online clothing and home orders, which account for more than \u00a33 million of sales a day and have been suspended for more than three weeks, will be disrupted into July.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-932740","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/932740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=932740"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/932740\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=932740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=932740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=932740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}