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

Cyber Insurance Premiums to Increase after Marks & Spencer Cyber Attack?

The Marks & Spencer hack — which might cost the retailer $400 million in profits, erased even more in market cap and could lead to cyber insurance claims of at least $133 million — is just one of three recent hacks of large British retailers. “At some point the increase in frequency and severity — … Read more

M&S Hack Shows Major Retail Cybersecurity Weakness

Social Engineering Used to Breach M&S Systems A cyberattack on Marks & Spencer (M&S) has raised concerns over digital security in the UK retail sector. Sources told BleepingComputer that threat actors allegedly used social engineering to reset an employee password and access internal systems. The tactics mirror those used in other recent attacks on retailers. … Read more

×