Particle.news

Download on the App Store

DragonForce Hackers Send Abusive Ransom Demand to M&S CEO

The attack has halted M&S’s online services since April, leaving the retailer unable to process orders into July.

Image
Image
Image
Marks & Spencer said that the cyberattack was going to cost it £300 million in lost profit and cause disuption for customers until July

Overview

  • Hackers using DragonForce ransomware and the account of a Tata Consultancy Services employee sent a taunting email to CEO Stuart Machin on April 23, claiming to have encrypted all M&S servers.
  • The gloating message included a dark net link for ransom negotiations and threatened to leak or sell the private data of millions of customers.
  • Marks & Spencer has confirmed theft of customers’ personal data, raising expert warnings about potential scams targeting its 9.4 million active online users.
  • The breach has cost M&S an estimated £300 million, forced a suspension of online orders since late April and is expected to disrupt the retailer’s operations into July.
  • Security researchers say the incident, involving DragonForce’s affiliate model and the Scattered Spider group, mirrors a wave of ransomware attacks on UK retailers including the Co-op.