logo
UK Tells Businesses to ‘Wake Up' After Marks & Spencer Hack

UK Tells Businesses to ‘Wake Up' After Marks & Spencer Hack

Bloomberg02-05-2025

A senior UK minister next week will warn businesses to protect themselves against cyber threats after a spate of attacks on retailers including Marks & Spencer Group Plc.
'These attacks need to be a wake-up call for every business in the UK,' Cabinet Office Minister Pat McFadden, who is responsible for national security, will say in a speech at the CyberUK conference in Manchester next week, according to remarks released by his department.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Penalty triples for former head of Oregon's Liquor and Cannabis Commission over bourbon scandal
Penalty triples for former head of Oregon's Liquor and Cannabis Commission over bourbon scandal

Yahoo

timea day ago

  • Yahoo

Penalty triples for former head of Oregon's Liquor and Cannabis Commission over bourbon scandal

The Oregon Liquor and Cannabis Commission oversees the state's liquor stores. (Oregon Liquor and Cannabis Commission/Flickr) The former head of Oregon's Liquor and Cannabis Commission will pay a $1,500 fine for using his state position to divert and obtain rare bourbon for himself. In a 7-1 vote Friday, eight of the nine present members of Oregon's Government Ethics Commission approved the penalty for Steve Marks, former state liquor and cannabis director, after rejecting a much smaller $500 fine proposed in May. Marks, who resigned from his position in February of 2023 after 10 years leading the agency, was one of six high-level liquor and cannabis employees implicated in a long-running scheme to divert rare bottles of liquor to stores where the employees could obtain them. All have either resigned or been fired. The others are also facing ethics penalties. Commissioner Iván Resendiz Gutierrez, the only member to vote against the $1,500 penalty, said he wanted Marks to pay either $5,000 — the maximum civil penalty — or no less than $3,600. 'I think the penalty should be significantly higher, and the reason for that is that he was an agency director,' Resendiz Gutierrez said. Commissioner Jonathan Thompson countered that, 'There's no fine that we can impose greater than what they went through in the press and losing their jobs.' Robert Steringer, Marks' lawyer, said his client is prepared to accept the fine. The Oregonian first reported on the years of diversions of rare liquors by Marks and employees on Feb. 8, 2023, following a records request that included an interagency personnel investigation. An investigation by the Oregon Department of Justice that wrapped up in 2024, however, brought little to support a potential criminal case and agency lawyers opted not to pursue charges. In their investigation, they detailed challenges in tracing and proving who bought which bottles where, because of a convoluted distribution system for inventory and point-of-sale record keeping. The Oregon Ethics Commission based their own investigation and fine on the evidence it had from an interview with Marks where he admitted to diverting and purchasing a single $329.99-bottle of rare Pappy Van Winkle 23 bourbon. Susan Myers, executive director of the Government Ethics Commission, said the $1,500 fine is an 'appropriate resolution.' 'It's five times the amount he paid for the bottle, three times more than what the prior settlements of others involved were,' she said. 'It is an appropriate resolution given its one bottle, and recognizing that he was the director and, as you say, is held to a higher standard.' SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX

Jordan's Meat Market receives its second award after being in business for three years
Jordan's Meat Market receives its second award after being in business for three years

Yahoo

time2 days ago

  • Yahoo

Jordan's Meat Market receives its second award after being in business for three years

LE MARS, Iowa (KCAU) — A young meat entrepreneur has received his second award for the 2025 Best Northwest Meat Locker. The award was given by the N'West Iowa Review. 'It's very proud. I mean, this is a lot to achieve here, and it's a lot going on. It's a lot to take care of, and it takes a lot of hours. But very happy with where I am today,' said Jordan Marks, the owner of Jordan's Meat Market. Owner and operator of Jordan's Meat Market, Jordan Marks, said he's had a passion for meat since he was a kid. 'I've been around it my entire life, my family's been around it their entire lives,' Marks said. 'So, I started back when I was like 14 years old. Then I went to Iowa State for Animal Science, Meat Science.' Right after college, Marks opened his shop in Marcus, Iowa, at the age of 22. 'It was a lot of conversations with the Economic Development Board, [in the] city of Marcus,' Marks expressed. 'So it was a lot of talking, a lot of work on the numbers, seeing if it was attainable. And then once we realized it was attainable, [was] when we basically got right into it and started building and then started working right away.' Marks saw major success at one location, so he decided to expand and open up his second shop in Le Mars. 'Mr. Wells came up to us and said, 'Hey, I might have a building you guys are interested in.' And then yeah, we went with it.' After being open for only three years, Marks has already received two awards for his business. Marks believes this is all possible because of two things. The first being his quality. 'Almost all of our products here are made in-house,' said Marks. 'There are very [few] things that we just buy and sell. Like all of our bratwurst here, we use real ingredients. So, like if it's a pineapple bratwurst, I use actual dehydrated pineapple chunks and not pineapple flavoring. We make our own in-house bacon bits with our end pieces of bacon. I'll grind those up and smoke those. Re-cook those, render them down, and make our own in-house bacon bits.' And second, listening to his customers. 'I take a lot of customer feedback into consideration, and if I feel like a change needs to be made, then I'll make that change. This is a service industry, and if you don't provide the right service or a good enough service, what's driving people to come to your business?' As of right now, Marks has no plans to expand his market, but when the time comes, he hopes to open up in the Siouxland area. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

HMRC boss ‘regrets' frustrations over £49m phishing scam disclosure
HMRC boss ‘regrets' frustrations over £49m phishing scam disclosure

Yahoo

time3 days ago

  • Yahoo

HMRC boss ‘regrets' frustrations over £49m phishing scam disclosure

HM Revenue and Customs (HMRC) chief executive John-Paul Marks has told MPs that he regrets any frustration over how information about a breach affecting around 100,000 taxpayers was disclosed. The revenue body has faced criticism and questions over why MPs were not informed earlier about the incident. On June 4, it was disclosed that HMRC had lost £47 million after a phishing scam breached tens of thousands of tax accounts. Following updated information published by HMRC on Tuesday, that figure was revised upwards, to £49 million. Senior civil servants at HMRC told the Treasury Committee that 100,000 people had been contacted, or were in the process of being contacted, after their accounts were locked down in what they said was an 'organised crime' incident which started last year. The Treasury Committee, which held a live session on June 4, wrote to Mr Marks earlier this week, telling him that: 'To discover this information during a session from press reports and without adequate time for the committee to review the information in detail is unacceptable.' During a Public Accounts Committee hearing on Thursday, Mr Marks told MPs: 'We welcome your scrutiny.' Mr Marks described the incident as a 'serious, and (an) unacceptable loss of £49 million to the Exchequer, affecting 100,000 of our customers, which is about 0.2% of the PAYE caseload'. He added: 'Given we collect over £840 billion a year, the judgment on materiality is different for HMRC perhaps than other government departments. 'But nonetheless, I agree with the point with regards (to) disclosure, and I will do that in my annual report, which I will publish next month for the first time, so that is, again, properly done according to the rules under public money. 'The final thing really to say, I do regret if there's been any frustration in terms of our handling of this, that was not our intent at all.' He said he would respond to correspondence he had received this week with more detail. Mr Marks continued: 'I welcome your point, with regards (to) the opportunity to have in-private briefings, the level of security threats is significant and constant. 'The team detected and disrupted this one well. There was a criminal investigation. And in (a) private hearing, I'm happy to bring the head of the fraud investigation service, my chief security officer, to explain more about some of that detail but also the threat environment and the way in which we are ensuring HMRC is secure now and secure for the future as well.' Earlier this week, an HMRC spokesperson said: 'We faced a series of evolving and complex criminal attempts to access online tax accounts and our priority has been to protect customers and their accounts. 'Our customers suffered no financial loss as a result. 'Thorough investigation has been necessary to understand the extent of this activity and pursue the criminals responsible. 'We've worked closely with the Information Commissioner's Office throughout to ensure we met our obligations.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store