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.