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Tata Consultancy Services carries out internal probe into M&S hack, FT reports

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 1 min read
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Tata Consultancy Services carries out internal probe into M&S hack, FT reports
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(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)



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