British supermarket group Morrisons’ sales growth slowed in its first quarter, reflecting a previously flagged cyber attack at its technology provider which disrupted its operations.
The UK’s fifth largest grocer, which has been owned by U.S. private equity firm Clayton, Dubilier & Rice since 2021, said on Wednesday its like-for-like sales rose 2.1% in its quarter to January 26, having been up 4.9% in the previous quarter.
Read more…
Source: MSN News
Related:
- Update your security strategy at IFSEC International
February 10, 2020
19–21 May 2020, ExCeL London IFSEC International 2020 is Europe’s largest and most comprehensive event for the global integrated security industry. It connects over 34,000 visitors from 113 countries with 450+ exhibitors showcasing some of the most innovative products and solutions on the market, as well as a full seminar programme, legislation updates, guidance and best practice. The exhibition ...
- UK’s HMRC tax authority seeks tools to track down cryptocurrency criminals
January 31, 2020
The UK’s Her Majesty’s Revenue and Customs (HMRC) tax collection agency is asking for a blockchain analytics tool useful in the hunt for cybercriminals — and perhaps asset tax avoiders. In a project request posted last week, HMRC asked bidders to provide a tool that “will support intelligence-gathering methods to identify and cluster cryptoasset transactions into linked ...
- UK government investigates possible cyberattack link to London Stock exchange outage
January 6, 2020
The UK government is reexamining the London Stock Exchange outage to ascertain whether or not a cyberattack, rather than a software glitch, was the cause. The LSE’s outage occurred on August 16, 2019. A “software glitch” was blamed in which Friday early-morning traders were left unable to buy or sell shares for over an hour and a half. Both ...
- New Year Honours: Government faces multi-million pound compensation bill over leaked private details
December 29, 2019
The Government is facing fines and a compensation bill running into millions of pounds after the disclosure of the home addresses of counter-terrorism experts, senior police officers and celebrities on the new year honours list. Senior figures demanded an exhaustive inquiry into the circumstances which led to the personal details of more than 1,000 individuals who will ...
- Cyber security takes its place alongside UK’s armed services
December 6, 2019
The pervasiveness of information and the pace of technological change are utterly transforming the character of warfare in the 21st Century, and the cyber security industry has earned a seat at the table alongside the army, navy and air force, according to General Sir Nick Carter, chief of the defence staff. Carter, who served in Bosnia-Herzegovina, Kosovo, Afghanistan ...
- NCA: Cyber-crime site selling hacking tool taken down following international operation
November 29, 2019
A website which sold a hacking tool purchased by cyber criminals in 124 countries and gave full remote control of victims’ computers has been taken down following an international investigation. 14,500 people across the world purchased the Imminent Monitor Remote Access Trojan (IM RAT) from https://imminentmethods.net for as little as US$25. Once covertly installed on a victim’s computer, IM ...