TCS is without doubt one of the expertise companies suppliers for M&S, which suffered a cyber-incident on 22 April that led to the theft of buyer and employees information.
Final month, the Monetary Occasions reported that TCS was internally investigating whether or not it was the gateway for the cyber-attack at M&S – its tech consumer of greater than a decade.
“No TCS methods or customers had been compromised, none of our different clients are impacted,” TCS unbiased director Keki Mistry advised its annual shareholder assembly, Reuters reported on 19 June.
It’s the newest twist within the ongoing fallout from the cyber-attack. On 23 April M&S suspended on-line orders on its web site and app, together with its standard click-and-collect service, shutting down a channel that accounts for 34% of all clothes and residential gross sales.
As a part of its full-year monetary outcomes revealed on 21 Could – virtually precisely a month after the cyber-attack – M&S revealed that it anticipated a £300m hit to group working revenue for 2025/26.
On 10 June the retailer resumed on-line orders for “choose style ranges” – after six weeks of halting on-line purchases following the incident.
M&S declined Drapers’ request for touch upon the reviews. Drapers has additionally contacted TCS for remark.
