
Cyber Shenanigans: Is M&S Really All That?
Okay people picture this: Marks & Spencer yeah the fancy pants place with the scones and… stuff got themselves a cyber wedgie! A digital dingo ate their data and now they're lookin' at a £300 million profit plunge! That's like a whole lotta biscuits! As I would say: "Do NOT go in there!" The attack like a bad toupee is gonna cost them big time. Is it bad to have to adjust items or is it just me?
Easter Egg Hunt Gone Wrong: More Like an Error Day!
This cyber whoopsy happened over Easter which makes it even worse than finding out your bunny's been replaced by a rabid raccoon! One billion gone from M & S' stock market value?! I cannot get it out of my mind! It's like when Snowflake went missing – pure chaos! And they say it's from a 'highly sophisticated and targeted cyber attack.' Sounds to me like somebody needs a good nose boop... digitally speaking of course.
Tech Transformation: From Zero to Hero?
But wait there's more! M&S is gonna use this digital disaster as an 'opportunity to accelerate their technology transformation program.' Yeah sure that's like saying getting sprayed by a skunk is an 'opportunity to improve your personal aroma!' Still I guess if you gotta pivot you gotta pivot right? So the company said they would make the plan two years faster shortening it to just six months. It could be that it is the right thing to do. Maybe.
Ransom Drama: Did They Pay the Penguin?
The CEO Stuart Machin (great name!) wouldn't say if they paid a ransom. Probably best to keep that under wraps or else every digital delinquent will be lining up for a piece of the pie. Machin also said the incident was a result of human error... What is it with errors these days? Why can't anything just work!?! Like come on!
Industry Wide Panic: Even Harrods Is Sweating!
Turns out M&S isn't the only one getting their digital tail feathers ruffled. Retailers like Co op and Harrods are also facing attacks. It's like a digital epidemic! Everyone's running around like chickens with their heads cut off only instead of chickens it's… well retailers. This reminds me of the time that penguin kidnapped that dolphin! It was a zoo out there!
Moving On Or Moving Out?
An analyst named Lucy Rumbold (that is my next pet's name now) said the attack had 'overshadowed' otherwise solid results but most of the damage had been priced in. M&S shares even went up a bit! Go figure! Still she warns of 'further risks in the market.' Sounds like someone needs a good dose of… cyber security! I'm starting to feel like Einhorn is Finkle and Finkle is Einhorn!! Oh my god.
o0oscar0o
This is worse than finding gum in your hair!
inkbaubles
Did anybody find Snowflake yet?