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Stock impact report

UK Legal Aid hack highlights wider lack of national cybersecurity resilience [Yahoo! Finance]

MARKS & SPENCER GRP S/ADR (MAKSY) 
NASDAQ:AMEX Investor Relations: markspizzeria.com
Company Research Source: Yahoo! Finance
The breach, identified in April, appeared to be worse than originally thought, according to a Legal Aid Agency (LAA) and the Ministry of Justice (MoJ) joint statement. The breach took place on the LAA digital services platform on which legal aid providers log their work and receive payment from the government. The MoJ has yet to verify the reported 2.1 million records accessed, and services are currently offline. High-profile cybersecurity incidents are increasing in frequency within both the private and public sectors. The LAA attack follows security breaches in recent months on UK retailers Marks and Spencer, Co-op and Harrods. The cyber attacks saw the companies struggle to maintain operations, as well as absorb significant business and financial losses. Cybersecurity company EclecticIQ CEO, Cody Barrow, says the LAA attack raises urgent questions about the resilience of the UK's cyber defences. Barrow is a former senior US intelligence official who worked across the NSA, US Show less Read more
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