The retailer's IT networks were infiltrated by hackers in April, leading to payment problems and shortages of goods in shops.
British supermarket chain Co-op said it’s facing a £120 million ($162 million) hit to operating profit this fiscal year from ...
The Co-operative Group has revealed an £80m hit to half-year profit after a damaging cyber attack earlier this year. The ...
Co-op reveals £206m costs from April cyber attack, with revenues hit, member data stolen and shelves emptied, exposing major ...
A "sophisticated" cyberattack in April will cost the Co-op Group about 120 million pounds ($161 million) in lost profit this ...
The mutual expects a further hit to its earnings across the rest of its financial year, with insurance policies failing to offset much of the damage from April's attack.
The lost revenue was a direct consequence of the Co-op temporarily shutting down a number of systems to contain the threat.
The Co-op has revealed a cyberattack wiped out £80m in profits and cost £206m in revenues, disrupting stores and funerals in ...
The Co-operative Group has revealed it slumped to a half-year loss after taking an earnings hit of around £80 million from a ...
Former Co-operative Bank chairman Paul Flowers has been warned by a judge that he faces longer behind bars unless he returns ...
The retailer's IT networks were infiltrated by hackers in April, leading to payment problems and shortages of goods in shops.
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