{"id":16202,"date":"2025-10-28T10:40:08","date_gmt":"2025-10-28T05:10:08","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=16202"},"modified":"2025-10-28T10:40:08","modified_gmt":"2025-10-28T05:10:08","slug":"marks-and-spencer-ends-tcs-contract-after-cyberattack","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/marks-and-spencer-ends-tcs-contract-after-cyberattack\/","title":{"rendered":"Marks &#038; Spencer Ends Contract with TCS Months After Cyberattack"},"content":{"rendered":"<p data-start=\"438\" data-end=\"771\">UK-based retailer Marks &amp; Spencer (M&amp;S) has ended its decade-long contract with Tata Consultancy Services (TCS), the Indian IT giant that managed its service desk operations. The decision was made in June 2025, just months after a major cyberattack that disrupted M&amp;S\u2019s services and affected thousands of customers.<\/p>\n<h3 data-start=\"773\" data-end=\"817\">Contract Ended After Internal Review<\/h3>\n<p data-start=\"819\" data-end=\"1190\">According to reports, the contract termination followed an internal review conducted by TCS. M&amp;S confirmed the end of the partnership but did not specify the reasons behind the move. The development came after TCS was initially suspected to be responsible for the cyber breach but was cleared of any wrongdoing in April 2025 following an internal investigation.<\/p>\n<p data-start=\"1192\" data-end=\"1470\">TCS emphasized that the two events \u2014 the cyberattack and the end of the contract \u2014 were unrelated. The company stated that M&amp;S had already begun a competitive procurement process in January 2025 and selected another service provider well before the April incident.<\/p>\n<p data-start=\"1472\" data-end=\"1624\">A statement cited by <em data-start=\"1493\" data-end=\"1514\">The Financial Times<\/em> noted that M&amp;S\u2019s decision was part of a \u201cregular procurement cycle,\u201d unrelated to the cybersecurity breach.<\/p>\n<p data-start=\"1472\" data-end=\"1624\"><em><strong>Also Read<\/strong>:<a href=\"https:\/\/www.niftytrader.in\/content\/orkla-india-ipo-gmp-price-band-details-oct-29\/\"> Orkla India IPO Shows Strong Grey Market Premium Ahead of Launch<\/a><\/em><\/p>\n<h3 data-start=\"1626\" data-end=\"1674\">Cyberattack Details and Financial Impact<\/h3>\n<p data-start=\"1676\" data-end=\"1940\">The cyberattack occurred during the Easter weekend on April 19, 2025, when M&amp;S customers were unable to make contactless payments or use the Click &amp; Collect service across 1,049 stores in the UK. By April 21, the disruption had spread nationwide.<\/p>\n<p data-start=\"1942\" data-end=\"2287\">Investigations revealed that hackers accessed M&amp;S systems by phishing employees of a third-party vendor and stealing their login credentials. The ransomware group \u201cScattered Spider\u201d was later identified as the culprit, although earlier, another group named DragonForce falsely claimed responsibility by emailing M&amp;S\u2019s CEO directly.<\/p>\n<p data-start=\"2289\" data-end=\"2547\">As per M&amp;S\u2019s May forecast, the cyberattack could reduce its operating profits by up to \u00a3300 million ($405 million) in the FY2025\u201326 period. However, the retailer expects to recover part of the losses through insurance and cost-control measures.<\/p>\n<h3 data-start=\"2549\" data-end=\"2600\">TCS Clarifies Relationship and Ongoing Work<\/h3>\n<p data-start=\"2602\" data-end=\"2957\">TCS stated that despite the end of the service desk contract, it continues to provide other IT and technology services to M&amp;S. The company serves over 200 clients in the UK, spanning industries like finance, energy, water, and nuclear, with major partnerships including Jaguar Land Rover, Rolls-Royce, and the UK Ministry of Defence.<\/p>\n<h3 data-start=\"2959\" data-end=\"2995\">M&amp;S Declines Further Comment<\/h3>\n<p data-start=\"2997\" data-end=\"3295\">When asked if the cyberattack played any role in ending TCS\u2019s contract, M&amp;S declined to comment. However, internal remarks by Archie Norman, M&amp;S Chair, before Members of Parliament in June, suggested that the attack involved \u201csophisticated impersonation\u201d through a third-party system.<\/p>\n<p data-start=\"3297\" data-end=\"3480\">Despite speculation, both companies maintain that the decision to part ways was part of standard business review processes and not directly linked to the cybersecurity incident.<\/p>\n<p data-start=\"3297\" data-end=\"3480\"><strong>Click here to explore:<\/strong><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/fii-dii-data\">FII DII Data<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/ipo\">IPO<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/sensex-today?\">BSE Sensex<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK-based retailer Marks &amp; Spencer (M&amp;S) has ended its decade-long contract with Tata Consultancy Services (TCS), the Indian IT giant that managed its service desk operations. The decision was made in June 2025, just months after a major cyberattack that disrupted M&amp;S\u2019s services and affected thousands of customers. Contract Ended After Internal Review According to [&hellip;]<\/p>\n","protected":false},"author":10,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1365],"tags":[],"ppma_author":[1386],"class_list":{"0":"post-16202","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-news"}," _eael_post_view_count":0,"authors":[{"term_id":1386,"user_id":10,"is_guest":0,"slug":"ruchikadave","display_name":"Ruchika Dave","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=16202"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16202\/revisions"}],"predecessor-version":[{"id":16206,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16202\/revisions\/16206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/16203"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=16202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=16202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=16202"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=16202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}