Overview

• Marks and Spencer's share price has dropped nearly 9% since announcing a cyberattack on April 22, with further declines reported today.
• Online orders through M&S's website and app remain suspended, with in-store digital services partially offline.
• Around 200 agency staff at the Castle Donington logistics center have been told to stay home, and remote employees remain locked out of IT systems.
• The company has not disclosed the nature of the attack but is working with cybersecurity experts and regulatory bodies to restore operations.
• Experts suggest the disruption resembles a ransomware incident, highlighting the growing cybersecurity risks faced by retailers.