Latest news with #MarksAndSpencer
Zawya
a day ago
- Business
- Zawya
India's TCS says none of its systems were compromised in M&S hack
Tata Consultancy Services said none of its "systems or users were compromised" as part of the cyberattack that led to the theft of customer data at retailer Marks and Spencer, its client of more than a decade. "As no TCS systems or users were compromised, none of our other customers are impacted" independent director Keki Mistry told its annual shareholder meeting. "The purview of the investigation (of customer) does not include TCS," Mistry added. This is the first time India's No 1 IT services company has publicly commented on the cyber hack. M&S did not immediately respond to a request for comment. TCS is one of the technology services providers for the British retailer. In early 2023, TCS reportedly won a $1 billion contract for modernising M&S' legacy technology with respect to its supply chain and omni-channel sales while increasing its online sales. The "highly sophisticated and targeted" cyberattack which M&S disclosed in April will cost about 300 million pounds ($403 million) in lost operating profit, and disruption to online services is likely until July. Last month, Financial Times reported that TCS is internally investigating whether it was the gateway for a cyberattack. Mistry presided as the chairman at the company's annual shareholder meeting as Tata Group Chairman N Chandrasekaran skipped it due to "exigencies". The chairman's absence comes as the Group's airline Air India plane with 242 people on board crashed after take-off in Ahmedabad last week, killing all passengers except one. (Reporting by Sai Ishwarbharath B and Haripriya Suresh, Editing by Louise Heavens)
CNA
a day ago
- Business
- CNA
India's TCS says none of its systems were compromised in M&S hack
BENGALURU :Tata Consultancy Services said none of its "systems or users were compromised" as part of the cyberattack that led to the theft of customer data at retailer Marks and Spencer, its client of more than a decade. "As no TCS systems or users were compromised, none of our other customers are impacted" independent director Keki Mistry told its annual shareholder meeting. "The purview of the investigation (of customer) does not include TCS," Mistry added. TCS is one of the technology services providers for the British retailer. In early 2023, TCS reportedly won a $1 billion contract for modernising M&S' legacy technology with respect to its supply chain and omni-channel sales while increasing its online sales. The "highly sophisticated and targeted" cyberattack which M&S disclosed in April will cost about 300 million pounds ($403 million) in lost operating profit, and disruption to online services is likely until July. Last month, Financial Times reported that TCS is internally investigating whether it was the gateway for a cyberattack. Mistry presided as the chairman at the company's annual shareholder meeting as Tata Group Chairman N Chandrasekaran skipped it due to "exigencies". The chairman's absence comes as the Group's airline Air India plane with 242 people on board crashed after take-off in Ahmedabad last week, killing all passengers except one.
Reuters
a day ago
- Business
- Reuters
India's TCS says none of its systems were compromised in M&S hack
BENGALURU, June 19 (Reuters) - Tata Consultancy Services ( opens new tab said none of its "systems or users were compromised" as part of the cyberattack that led to the theft of customer data at retailer Marks and Spencer (MKS.L), opens new tab, its client of more than a decade. "As no TCS systems or users were compromised, none of our other customers are impacted" independent director Keki Mistry told its annual shareholder meeting. "The purview of the investigation (of customer) does not include TCS," Mistry added. This is the first time India's No 1 IT services company has publicly commented on the cyber hack. M&S did not immediately respond to a request for comment. TCS is one of the technology services providers for the British retailer. In early 2023, TCS reportedly, opens new tab won a $1 billion contract for modernising M&S' legacy technology with respect to its supply chain and omni-channel sales while increasing its online sales. The "highly sophisticated and targeted" cyberattack which M&S disclosed in April will cost about 300 million pounds ($403 million) in lost operating profit, and disruption to online services is likely until July. Last month, Financial Times reported that TCS is internally investigating whether it was the gateway for a cyberattack. Mistry presided as the chairman at the company's annual shareholder meeting as Tata Group Chairman N Chandrasekaran skipped it due to "exigencies". The chairman's absence comes as the Group's airline Air India plane with 242 people on board crashed after take-off in Ahmedabad last week, killing all passengers except one.
The Guardian
2 days ago
- General
- The Guardian
Clothes from UK brands found discarded in Ghana wetland dumps
An Unearthed and Greenpeace investigation found garments by UK brands on a rubbish dump in a protected wetland in Accra, Ghana. The reporters found items from Next, George at Asda and Marks & Spencer washed up near the dump, which is believed to have emerged in the past year. UK consumers discard about 1.5m tonnes of used textiles every year and Ghana received more discarded clothes than any other country. As the rubbish accumulates, new dump sites are springing up beyond urban areas, and in conservation areas that are vital for wildlife, the investigation found
BBC News
2 days ago
- Business
- BBC News
Newly finished Northampton Abington Street fenced off after days
A delayed town centre regeneration project has been partially fenced off for further regeneration work days after it had been redevelopment of Abington Street and Fish Street in Northampton began in February last year and was due to be completed in early street reopened on Friday but barriers have been put up for work on the demolition of the former BHS and Marks & Spencer stores, both on Abington Street.A West Northamptonshire Council spokesman said: "This work is to pave way for a vibrant new scheme of new retail and leisure spaces coupled with 200 high-quality homes." Preparation work on the demolition of the two former department stores began earlier this month, with the project scheduled for completion in early spokesman for the authority said that "as previously advised to the public last month, various parts of Abington Street will be restricted throughout the summer" for the added the public response to the work on Abington Street was "positive" after it was opened up and the town's carnival passed through it on Saturday, The work involved installing new paving, seating, additional trees and landscaping on Abington Street and Fish was paused during the winter months following "quality concerns" with "bespoke materials" for the project follows the reopening of the revamped Market Square last work is part of a multimillion-pound regeneration of Northampton town includes the former Market Walk shopping centre on Abington Street, which is set to be converted into an entertainment venue, and development on the site of the former Greyfriars bus station will include 1,000 homes, an amphitheatre, shops and restaurants. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.
