Massive impact of cyber attack on Co-op results revealed
The Co-operative Group has revealed the massive impact of this year’s cyber attack on its half-year results. The attack, described as ‘sophisticated and malicious’, led the retail giant to shut down several systems temporarily, resulting in a total estimated first-half impact of £80m across profit and cashflow, including £20m of direct costs. Statutory operating results … Continue reading Massive impact of cyber attack on Co-op results revealed
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