Tata Consultancy Services carries out internal probe into M&S hack, FT reports [Yahoo! Finance]
MARKS & SPENCER GRP S/ADR (MAKSY)
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Source: Yahoo! Finance
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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