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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

YOU WONT BELIEVE: M s cyber attack linked to hacking group scattered spider - You Need To See This

Near-empty shelves inside a Marks & Spencer store in London.
The disruption caused by the hack – and uncertainty over when it will end – has wiped more than £500m off the stock market value of M&S in the past week. Photograph: Holly Williams/PA

A major cyber-attack on Marks & Spencer has been linked to a hacking collective known as Scattered Spider, which is previously thought to have hit MGM Resorts and the US casino operator Caesars.

The group, which has previously been found to include people in their 20s from the UK and the US – some of whom faced charges over attempts to steal cryptocurrency via phishing attacks in the US – are reported to have encrypted key M&S systems using ransomware, according to the technology specialist site BleepingComputer.

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