Small Business Trends Apr 05 24
Vital Customer Retention Statistics:
No matter how small your business is, understanding the customer retention statistics in this article will help keep your ...
smallbiztrends.com/2024/04/customer-retention-statistics-2.html
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recipient of a good, service, product or idea obtained from a seller via a financial transaction
field that develops and studies software enabling machines to exhibit intelligent behavior
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Key FactsM&S Reports Data Breach from Cyber Attack
May 13, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Marks and Spencer (M&S) announced that some personal customer data was stolen during a cyber attack that has disrupted its online operations for over three weeks.
- The retailer halted online orders on April 25 and reported a 15% drop in share price, attributed to a ransomware attack.
- M&S confirmed that no payment information or passwords were compromised and continues working to restore normal operations.
- Analysts estimate the financial impact to be at least £30 million, with cyber insurance likely covering most of the losses.
Importantly, the data does not include usable payment or card details, which we do not hold on our systems, and it does not include any account passwords.— M&S said in its statement.
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