Finance
Tata Consultancy Services carries out internal probe into M&S hack, FT reports
Published by Global Banking & Finance Review®
Posted on May 23, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 23, 2025
1 min readLast updated: January 23, 2026
TCS is investigating a cyberattack on M&S that compromised data and operations, potentially costing £300 million. The probe aims to conclude soon.
(Reuters) -India's Tata Consultancy Services is conducting an internal investigation to determine whether it was the gateway for a cyberattack on UK's Marks and Spencer that compromised customer data and disrupted the retailer’s operations, FT reported on Friday.
The Indian IT company, which has provided services to M&S for more than a decade, hopes to conclude the probe by the end of the month, the report said, citing people familiar with the matter.
Reuters could not immediately confirm the report.
M&S declined to comment and TCS did not immediately respond to a Reuters request for comment.
The cyberattack which M&S disclosed in April will cost the company about 300 million pounds ($404.9 million) in lost operating profit, and disruption to online services is likely until July.
($1 = 0.7409 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Mrigank Dhaniwala)
Tata Consultancy Services is conducting an internal investigation to determine if it was the gateway for a cyberattack on Marks and Spencer that compromised customer data.
TCS hopes to conclude the investigation by the end of the month.
The cyberattack disclosed by M&S in April is expected to cost the company about 300 million pounds in lost operating profit.
M&S declined to comment on the situation, while TCS did not immediately respond to a request for comment.
Disruption to M&S's online services is likely to continue until July due to the cyberattack.
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