Co-op records £206m loss in revenue following cyberattack
25/09/2025 | Financial Times
The Co-op has disclosed that the cyberattack in April cost the business £206 million in revenues, pushing it to a statutory pre-tax loss of £50 million. In its half-year results, the company revealed an £80 million hit to operating profit and cash, in stark contrast to the £58 million profit from the same period last year.
The attack forced the Co-op to shut down systems, leading to disruption and empty shelves in its 2,300 UK convenience stores. Co-op finance chief Rachel Izzard said the business had to use "temporary procedures" to maintain operations. The company anticipates a "reducing level of cyber impact" in the second half of the year and praised its colleagues for maintaining vital services for members.
£ - This article requires a subscription.
A version of this article is available without subscription in Infosecurity Magazine.
Training Announcement: Freevacy offers a range of independent data protection qualifications from IAPP and BCS. Our certified courses are available at foundation and practitioner levels and cover multiple legal jurisdictions, data protection operations management, and the implementation of complex privacy solutions in technical environments. Find out more.
What is this page?
You are reading a summary article on the Privacy Newsfeed, a free resource for DPOs and other professionals with privacy or data protection responsibilities helping them stay informed of industry news all in one place. The information here is a brief snippet relating to a single piece of original content or several articles about a common topic or thread. The main contributor is listed in the top left-hand corner, just beneath the article title.
The Privacy Newsfeed monitors over 300 global publications, of which more than 6,250 summary articles have been posted to the online archive dating back to the beginning of 2020. A weekly roundup is available by email every Friday.