financial loss

British retail giant Marks & Spencer is bracing for losses exceeding $400 million following a severe cyberattack, which has disrupted its business and exposed sensitive customer data. What Happened: According to a note from the company, the cyberattack has taken a toll on M&S’s fiscal...

The Pentagon’s pursuit of advanced weaponry to counter global threats is facing a roadblock as major defense contractors are shying away from projects that could potentially lead to financial losses. What Happened: The reluctance of defense contractors to take on high-risk Pentagon projects...