The Co-op has been forced to shut off parts of its IT systems after it was confronted with an attempted hack. The Manchester-headquartered group has confirmed some of its back office and call centre services have been impacted. However, it added that all its stores, including grocery and funeral homes are trading as usual.
It comes as rival Marks & Spencer (M&S) continues to deal with the lengthy fallout from a major cyber incident. Yesterday, City AM reported that shares M&S had started to rise for the first time since a cyber attack wiped almost £700m off the FTSE 100 retailer’s valuation.
Read more…
Source: MSN News
Sign up for our Newsletter
The latest news and insights delivered right to your inbox.
Related:
- Three Quarters of UK Firms Reported Data Breaches or Infections in 2016
March 17, 2017
Security issues among British companies are extremely high, with 75% of firms admitting they have experienced a data breach in the last year. The data comes from a research ordered by Cyren, a cloud-based security company, and indicates that when it comes to businesses with 1000 or fewer employees, the figure rises to 85%. “There is a ...
- ABTA hack sees personal details of 43,000 people exposed
March 16, 2017
Yahoo, Adult Friend Finder, LinkedIn, Tumblr and Daily Motion all have something in common: in 2016, details of massive hacks perpetrated against the companies were disclosed. The firms represent a handful of the companies and public bodies around the world that suffered at the hands of hackers last year. Data compromised usually included names, emails, ...
- Why is incident response automation and orchestration so hot?
March 16, 2017
I couldn’t attend the RSA Conference this year, but many cybersecurity professionals and my ESG colleagues told me that incident response (IR) automation and orchestration was one of the hottest topics in the halls of the Moscone Center—through the bar at the W hotel and even at the teahouse on the garden at Yerba Buena. Was ...
- One-third of global firms will fall in cyber attack, says report
March 5, 2017
According to a new report, if there was a cyber attack on global firms, almost 73 per cent of them will fail to identify the threat and ward off any damage to their important data and high-value assets. An era where technology is evolving in leaps and bounds, hacking is no longer a rocket science ...
- Yahoo: 32 Million Accounts Accessed via Cookie Forging Attack
March 2, 2017
An unauthorized third party accessed the company’s proprietary code and learned how to forge cookies. Yahoo believes this is the same actor that caused the 2014 data breach. “The outside forensic experts have identified approximately 32 million user accounts for which they believe forged cookies were used or taken in 2015 and 2016,” Yahoo discloses in ...
- New Global Cybersecurity Report Reveals Misaligned Incentives, Executive Overconfidence Create Advantages for Attacker
March 1, 2017
Intel Security, in partnership with the Center for Strategic and International Studies (CSIS), today released “Tilting the Playing Field: How Misaligned Incentives Work Against Cybersecurity,” a global report and survey revealing three categories of misaligned incentives: corporate structures versus the free flow of criminal enterprises; strategy versus implementation; and senior executives versus those in implementation ...

