
Co-op took £80m hit in ‘malicious’ hack
Key moments Sign up for our daily business newsletter here Co-op cyberattack cost company £80 million The Co-operative Group has revealed that a cyberattack in April cost it £80 million, dragging it to a first-half loss. The food-to-funerals group reported an underlying loss before tax of £75 million, versus a profit of £3 million in…