menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cyber Crime News

>

M&S boss f...
source image

TechDigest

3d

read

139

img
dot

Image Credit: TechDigest

M&S boss faces £1m pay cut following cyber attack, Spain hit by phone and internet blackouts

  • Logistics firm Peter Green Chilled, a distributor to UK's major supermarkets, is being held to ransom by cyber hackers, impacting deliveries and potentially leading to wastage of products.
  • M&S CEO Stuart Machin faces a £1.1m pay reduction due to a cyber attack that caused a 14% drop in the company's share price, affecting his performance share plan and deferred bonus.
  • A survey reveals almost half of young people prefer a world without the internet, with 70% feeling worse after social media use and many supporting restrictions on digital access.
  • Spain experienced phone and internet blackouts after a system upgrade by Telefonica, affecting emergency services, shortly after a recent power outage incident.

Read Full Article

like

8 Likes

For uninterrupted reading, download the app