Cyberattack on British retailer Co-op shaved about $275 million from revenues, company says

Executive summary: In April, the Co‑op retail chain suffered a cyberattack that forced systems offline, led to empty store shelves and disrupted operations, and resulted in the theft of data for all 6.5 million members. The incident caused a reported £206 million hit to revenues and an £80 million profit loss for the first half of the year; law enforcement made arrests in July and reporting ties the activity to the Scattered Spider criminal group, with related attacks observed against other UK retailers.