British teens arrested over 300m Marks & Spencer hacking spree
Briefly

Four individuals, including a 17-year-old boy and a 20-year-old woman, were arrested as part of a major investigation into cybercrime. The arrests are connected to attacks on Marks & Spencer, the Co-op, and Harrods by the international group known as Scattered Spider, notorious for social engineering tactics. The suspects face charges of unauthorized access, blackmail, money laundering, and organized crime involvement. The cyberattacks have reportedly cost Marks & Spencer around £300 million, with investigations ongoing. The NCA described these arrests as a significant breakthrough in addressing such threats.
The cyber attacks, which took place earlier this year, are reported to have cost Marks & Spencer an estimated £300 million, after the retailer was forced to suspend its online operations.
The attackers are believed to have used social engineering methods - impersonating employees or contractors to infiltrate company systems and gain access to sensitive infrastructure.
Paul Foster, head of the NCA's National Cyber Crime Unit, described the arrests as a significant breakthrough in combating organized cybercrime.
Read at Business Matters
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