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The Capitalist: This isn’t just blackmail, it’s M&S blackmail

8 0
16.05.2025

M&S, the FTSE 100 retail giant, has been battling a cyber attack alongside Harrods and the Co-op. Credit – Getty.

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M&S is clearly playing by the book in its response to the crippling cyber attack launched on its systems over Easter, with talk of a £100m insurance claim to help them get over the losses. But ask yourself, how might you respond to extortion and blackmail? The Capitalist spoke to one former City chief whose firm was targeted some years ago by hackers who underestimated their opponent. “We turned the tables on them,” he explained, “we deployed some resources to find out who they were and exactly where in the world they lived.” This threat of exposure – or perhaps worse – saw the cyberpunks swiftly retreat from the field of battle.

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