Overview
- Marks & Spencer confirmed in an internal memo on Thursday that chief digital and technology officer Rachel Higham is stepping back for a career break.
- Berendji, currently retail director, will take on Higham’s responsibilities as the company pursues remediation and stabilizes systems.
- The Easter ransomware attack, claimed by Scattered Spider, forced M&S to pull systems offline, pausing online sales and click-and-collect before phased restoration.
- M&S expects to be about £300 million out of pocket from the incident, with a portion anticipated to be recovered through insurance.
- Investigations into the spring retail cyberattacks have progressed with arrests reported in July, and M&S says it continues to cooperate with authorities.