Saturday, May 24, 2025

Creating liberating content

Banks across the country will remain closed today, on May

Several glitzy product-haul videos pale in comparison to the 178

Foreign portfolio inventors, this week, reversed May’s overall net inflows,

Related News

Banks across the country will remain closed today, on May 24, in observance of the fourth Saturday of the month. According to the Reserve Bank of India’s (RBI) official calendar,

Several glitzy product-haul videos pale in comparison to the 178 million views that clips with the hashtags #cavemanskincare and #cavemanregimen have received on TikTok. Since creator Tia Zakher (@tiazakher) posted

Foreign portfolio inventors, this week, reversed May’s overall net inflows, withdrawing Rs 4,84.32 crore between May 19 and May 23. The FPIs turned net sellers in Indian equities, as the

Virat Kohli and Rohit Sharma (AFP Photo) NEW DELHI: Chief selector Ajit Agarkar acknowledged that replacing legends like Rohit Sharma, Virat Kohli, and Ravichandran Ashwin in the Indian Test side

Jasprit Bumrah (Getty Images) NEW DELHI: Right-handed batter Shubman Gill has been named India’s 37th Test captain, as chief selector Ajit Agarkar announced the 18-member squad on Saturday for the

Ageing starts showing signs on some people faster than others. This said, ageing is inevitable, and those fine lines, wrinkles, and sagging skin can be delayed through some healthy practices.While

Trending News

Banks across the country will remain closed today, on May 24, in observance of the fourth Saturday of the month. According to the Reserve Bank of India’s (RBI) official calendar,

Formal employment under the Employees’ State Insurance Corporation (ESIC) surged in March, with new job creation increasing by 5.79%, reaching 1.63 million, up from 1.54 million in February, provisional payroll

The Global Trade Research Initiative said on Saturday that even if the US imposesd a 25% tariff on iPhones manufactured in India, production costs would still be significantly lower than

The Reserve Bank of India’s historic dividend payout of approximately Rs 2.7 trillion to the government was fueled by strong sales of US dollar, a high foreign exchange gain and

MUMBAI: The RBI has proposed changes to its master direction on ‘know your customer’ norms-rules aimed at preventing money laundering-that will ease compliance for millions of bank customers, particularly low-risk

MUMBAI: Tata Group’s flagship software services company, TCS, is investigating whether it was the entry point for a cyberattack on UK retailer Marks and Spencer, the Financial Times reported on

TCS probes possible link to M&S cyber breach

Word Count: 691 | Estimated Reading Time: 4 minutes


TCS probes possible link to M&S cyber breach

MUMBAI: Tata Group’s flagship software services company, TCS, is investigating whether it was the entry point for a cyberattack on UK retailer Marks and Spencer, the Financial Times reported on Friday.The breach occurred during the Easter weekend. TCS, which has worked with M&S for over ten years, aims to finish the probe by the end of the month. TCS did not comment on the report.The attack caused serious problems for M&S. The company was forced to shut down its online store for more than three weeks. This disruption reduced its market value by over 750 million pounds, or about Rs 8,295 crore. It could lead to a loss of up to 300 million pounds, around Rs 3,318 crore, in operating profit. Online services are expected to remain affected until July. UK police are also investigating the incident, the FT report said.M&S CEO Stuart Machin stated that the problem was caused by human error, not a flaw in their systems or cyber defences. He mentioned that staff at a third-party contractor were tricked. He did not disclose if a ransom was paid or if TCS, which employs more than 6 lakh people, was the entry point.M&S began working with TCS in the early 2010s. In 2018, the retailer moved half of its tech work to TCS, designating it as its main tech partner. In 2023, they expanded their partnership to update all of M&S’s tech systems. During the attack, at least two TCS employees’ M&S login details were used in the breach. This attack is the latest to be linked to India’s IT industry, increasing concerns about risks from outsourcing IT work to third parties.M&S is a key store on the UK high street and is trying to attract younger shoppers worldwide. It announced plans to strengthen its business and focus on good quality products. In India, M&S works with Reliance Retail. India is its biggest market outside the UK, with over 100 stores opened in the last 15 years. At M&S Reliance, a 51:49 joint venture between M&S and Reliance Retail, sales rose by 5% in FY24, reaching Rs 1,742 crore.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account