Investing.com -- Indian IT firm Tata Consultancy Services (NSE: TCS ) is conducting an internal investigation to find out if it played a part in a recent cyberattack on UK retailer Marks and Spencer (LON: MKS ) (M&S), according to the Financial Times on Friday.
The company aims to complete the investigation by the end of this month, the report said.
The attack led to a compromise in customer data and caused a disruption in the retail company’s operations.
The cyberattack is expected to cost M&S approximately 300 million pounds ($404.9 million) in lost operating profits.
In addition, disruptions to online services are anticipated to continue until July, as stated by the company this week.
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