Cyberattack Devastates Marks & Spencer Profits, Exposing Critical Vulnerabilities

The recent cyberattack on British retail giant Marks & Spencer (M&S) has delivered a sobering lesson about the fragility of modern commerce in the face of escalating cyber threats. The half-year profits of M&S plummeted by 55.4%, tumbling to just £184.1 million ($240 million), largely due to a staggering 40% collapse in online sales after hackers crippled their website and logistics systems. This attack, one of the most disruptive in British corporate history, forced M&S to halt all online orders for nearly six weeks during a critical retail period around Easter weekend. The fallout resulted not only in lost sales...