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The CEO of U.K. retail conglomerate Co-op revealed that hackers had stolen the personal data of all customers during a cyberattack in April. Shirine Khoury-Haq stated that the hackers copied the company’s member list of 6.5 million members, but Co-op managed to shut down its network before ransomware could be deployed. The stolen data included names, addresses, and contact information, leading to internal disruptions across the company’s U.K. operations.
The breach at Co-op was part of a larger hacking campaign targeting the U.K. retail sector, with other companies like Marks & Spencer and Harrods also being affected. The cyberattacks were linked to a group called Scattered Spider, known for using deception tactics to gain access to networks. In July, authorities arrested four individuals allegedly involved in the cyberattacks, including charges of hacking, blackmail, and organized crime.
Following the retail cyberattacks, hackers shifted their focus to the airline, transportation, and insurance industries, where vast amounts of consumer data are stored. The financial impact of the breach on Co-op remains unknown, as the company did not have cybersecurity insurance at the time of the attack. This lack of coverage could result in significant financial losses for the company.
