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Marks & Spencer cyberattack to cost £300 million, disrupt online services
Marks and Spencer faces online service disruptions. A cyberattack will impact the operations until July. The retailer anticipates a potential loss of 300 million pounds. Customer data was compromised in the Easter ransomware attack. Online sales and in-store payments were suspended. Shares in Marks and Spencer fell after the announcement. Law enforcement is investigating the incident.
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