Marks & Spencer’s Cyber Crisis: 12 Lessons on Cybersecurity and Cyber Insurance

Digital composite image featuring the Marks & Spencer (M&S) logo over a London retail street scene, with cybersecurity imagery including binary code, a digital padlock, and the words 'CYBER ATTACK' in red. Keywords: M&S, Marks and Spencer, London, cyber attack, cybersecurity, digital threat, retail security, cyber insurance, cyber resilience.

Anatomy of a Cyberattack – On July 8, 2025, Marks & Spencer Chairman Archie Norman appeared before the UK Parliament’s Business and Trade Sub-Committee. The hearing focused on the April cyberattack that shook the British retail giant. Norman, joined by General Counsel Nick Folland and Corporate Affairs Director Victoria McKenzie-Gould, delivered a sobering account of … Read more

2% of Large Firms Face High Risk from Scattered Spider

When 2% is a lot – Two percent might not sound like much. That’s until you realize it’s 287 global companies. It’s not a rounding error. That’s a buffet for Scattered Spider, which has reemerged as a significant cyber threat in 2025. The group now poses a serious challenge for cyber (re)insurance portfolios. This analysis, … Read more

Ransomware Payments Flowing With a Human Toll – Sophos Report

Ransomware Payments Persist Amid Decline in Demands It’s a strange pact, new and yet as old as time. A deal with the devil. Not a deal forged in fire but in fiber optics. A deal with a digital devil, the ransom is paid, and business goes on. A new report from cybersecurity firm Sophos reveals … Read more

Cyber Risk Strategy Shifts as Directors Face Increasing Cyber Threats: Willis Survey 2025

Cyber Risk Strategy Directors and officers today navigate a relentless storm of cyber threats. Phishing attacks, ransomware demands, and weak cybersecurity controls amplify the cybercrime pressure leaders face daily. The weight of leadership grows heavier as cyber incidents demand constant vigilance. The latest survey by Willis underscores this reality, highlighting evolving global attitudes toward cyber … Read more

Cyber Insurance in Europe: The Essential Shield Against Rising Digital Perils – Morningstar DBRS

A Growing Digital Battlefield You know cyberattacks are escalating. Ransomware, phishing, and supply chain breaches now pose a significant threat to European corporations, SMEs, and banks. As digitization deepens and third-party service reliance grows, organizations face heightened exposure. Morningstar DBRS warns that this cyber vulnerability spans every industry. But the report notes cyber insurance is … Read more

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