M&S and Co-op cyber attacks could cost up to £440m
The Cyber Monitoring Centre has categorised the recent cyber attacks on M&S and Co-op as a category two incident, estimating the combined financial impact of the attacks at £270m to £440m.
The CMC was launched in 2024 and earlier this year the insurance industry-backed body unveiled its methodology for assigning one-to-five categorisations – akin to those given to hurricanes – to UK
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Q&A: Tom Hughes, IUA
Tom Hughes, appointed director of underwriting at the International Underwriting Association last year, outlines the company market body’s priorities from an underwriting perspective for 2026.
Watch Admiral and Convex discuss how to maximise AI implementation in insurance
AI is now embedded across insurance technology teams, from development and testing through to security and compliance.
Big Interview: Mark Allan, Ki
Mark Allan, CEO of Ki, tells Insurance Post how the firm has maintained its innovation culture as it scaled from a side of desk project to a standalone business writing over $1bn of premium, and reveals its opportunities to accelerate that growth in the future.
European product recalls fall for second consecutive quarter
Product recalls dipped slightly across the EU and UK in Q3 2025, data from Sedgwick shows, noting diverging regulatory approaches, sector-specific risks, and shifting trade pressures are shaping an increasingly complex product-safety landscape.
How are insurers enabling greener choices in construction?
View from the Top: Gemma Tait, head of construction for Europe, the Middle East and Africa at Willis, looks at the changing practices and novel products insurers are rolling out to help build a more sustainable construction sector.
Axa hires Dunn from Zurich as Commercial CUO
Axa UK Commercial has appointed Zurich’s Caroline Dunn to succeed David Ovenden as chief underwriting officer.
Big Interview: Colin Johnson, Hadron International
As a former footballer turned fronting-carrier CEO, Hadron’s Colin Johnson knows the best managers succeed by creating a top team, who can achieve goals, and know the way the opposition plays.
Why Hadron CEO Johnson won’t repeat previous fronter playbooks
Colin Johnson, CEO of Hadron International, has explained why the playbook he is using at his new fronting insurer is not simply a repeat of those used by rivals.