Co-op says cyber attack cost it £206m in sales

Co-op disclosed that a cyber attack in April led to a loss of £206m in sales due to data theft affecting members. The attack impacted the retailer's IT networks, resulting in payment disruptions, product shortages, and customer data loss. Co-op's Chair, Debbie White, described the attack as "malicious" and emphasized the need to recover and fortify their systems to face future challenges effectively.