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Posted by
Two Blokes May 21, 2025 -
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Marks and Spencer Group PLC (LSE:MKS) chief executive Stuart Machin said "human error" was at fault for hackers gaining access to its IT systems through a third party. On a call with analysts and reporters after the group's annual results announcement, Machin said he could not comment on whether a ransom had been paid in the cyber attack, for which the retailer today estimated would cost it about £300 million.
