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Marks & Spencer Cyberattack Disrupts Operations, Exposing Customer Data

In April 2025, a cyberattack disrupted operations and exposed consumer data at Marks & Spencer M&S, resulting in losses estimated at £300 million. A

In April 2025, a cyberattack disrupted operations and exposed consumer data at Marks & Spencer M&S, resulting in losses estimated at £300 million. A longtime technology partner of M&S, the Indian IT behemoth Tata Consultancy Services TCS, is looking into whether the attack entered through its infrastructure. According to reports, the Scattered Spider ransomware organisation was responsible for the attack, which compelled M&S to turn off Click & Collect, contactless payments, and online ordering. Because the M&S login credentials of TCS workers were purportedly obtained, the assault brings to light the cybersecurity dangers associated with third parties. Details have not yet been confirmed by M&S or TCS, but the investigation should be finished by June 2025. Read More..

B2B Tech News | 1 months ago      

Capgemini, SAP, and Mistral AI Partner to Deploy Secure AI Solutions for Regulated Sectors

Mistral AI, SAP, and Capgemini have teamed up to implement safe generative AI solutions for regulated sectors like energy, financial services, aerospa

Mistral AI, SAP, and Capgemini have teamed up to implement safe generative AI solutions for regulated sectors like energy, financial services, aerospace, and defence. Custom AI applications for datasensitive industries are made possible by the partnership, which combines SAPs Business Technology Platform BTP with Mistral AIs multilingual models. Capgemini will provide more than fifty prebuilt AI use cases, guaranteeing productivity, security, and compliance. While upholding stringent regulatory norms, the effort seeks to improve resilience, expedite operations, and accelerate the deployment of AI. The collaboration highlights the rising need for AIpowered business solutions in highly regulated settings. Read More..

B2B Tech News | 1 months ago      

China Accuses Taiwan’s DPP of Backing Cyberattack on Guangzhou Tech Firm

China has accused the Democratic Progressive Party DPP of supporting a cyberattack on a tech company located in Guangzhou. The attack was allegedly ca

China has accused the Democratic Progressive Party DPP of supporting a cyberattack on a tech company located in Guangzhou. The attack was allegedly carried out by a foreign hacker organisation that was backed by Taiwans ruling party. Using Trojan horse programs, bruteforce password attacks, and phishing emails, the organisation allegedly gained access to more than 1,000 government, military, and energy systems. Cybersecurity experts caution that the claims could worsen relations across the Taiwan Strait, although Taiwan has not yet issued an official response. According to reports, the attack used VPNs and international cloud servers to conceal its origin, and IP addresses from the US, France, and Japan were identified. Read More..

B2B Tech News | 1 months ago      

Adidas Confirms Consumer Data Breach via ThirdParty Service Provider

Adidas has acknowledged a breach of customer data in which a thirdparty service provider allowed an unauthorised external entity to obtain user contac

Adidas has acknowledged a breach of customer data in which a thirdparty service provider allowed an unauthorised external entity to obtain user contact information. Email addresses and phone numbers of anyone who has previously visited Adidas customer service help hotline are among the exposed data however, passwords and payment information were unaffected. Adidas is informing impacted customers and has begun a thorough investigation with cybersecurity specialists. Calls for stronger security measures have been sparked by the incident, which underlines the rising cybersecurity threats connected to thirdparty providers. Adidas cautions users to protect their accounts and be on the lookout for phishing attempts. Read More..

B2B Tech News | 1 months ago      

U.S. and China Hold First HighLevel Call Since Geneva Trade Talks

Negotiations have advanced as the United States and China held their first highlevel call since the Geneva trade talks. U.S. Deputy Secretary of State

Negotiations have advanced as the United States and China held their first highlevel call since the Geneva trade talks. U.S. Deputy Secretary of State Christopher Landau and Chinese Vice Foreign Minister Ma Zhaoxu reaffirmed their commitment to open communication while discussing important trade concerns. Analysts saw the call as a step in the right direction after the interim tariff reductions agreed upon in Geneva, even if tariffs were not specifically mentioned. The conversation takes place as China seeks market access and the United States worries about the export of fentanyl. The call also comes after Beijing stressed economic cooperation during a meeting with Jamie Dimon, CEO of JPMorgan, and Chinas Vice Premier He Lifeng. Read More..

B2B Tech News | 1 months ago      

India and Maldives to Review Economic and Maritime Security Partnership

The Comprehensive Economic and Maritime Security Partnership between India and the Maldives will be reviewed on May 26, 2025. At the second meeting of

The Comprehensive Economic and Maritime Security Partnership between India and the Maldives will be reviewed on May 26, 2025. At the second meeting of the HighLevel Core Group HLCG, Maldivian Foreign Minister Abdulla Khaleel will lead talks with External Affairs Minister S. Jaishankar to evaluate the status of the vision document that Prime Minister Narendra Modi and President Mohamed Muizzu adopted in October 2024. In keeping with Indias Neighbourhood First strategy, the relationship focuses on infrastructure, trade, and maritime security. Both countries want to promote regional security and economic cooperation, and their relations have improved after previous diplomatic conflicts. Read More..

B2B Tech News | 1 months ago      

Foxconn Eyes $3 Billion Acquisition of SingaporeBased UTAC Holdings

Potential bidders for Singaporebased UTAC Holdings, a semiconductor assembly and testing company, including Taiwans Foxconn in a $3 billion deal. The

Potential bidders for Singaporebased UTAC Holdings, a semiconductor assembly and testing company, including Taiwans Foxconn in a $3 billion deal. The sale will be managed by Jefferies for UTAC, which is controlled by Wise Road Capital. Nonbinding bids are due by the end of the month. With manufacturing sites in Thailand, China, and Indonesia, the company offers chip assembly services for consumer, computer, security, and medical applications. UTAC is anticipated to draw nonU.S. buyers because of its China presence, and the auction coincides with U.S.China tech concerns. Foxconn, a significant supplier to Apple, has diversified into the production of semiconductors in line with its longterm growth plan. Read More..

B2B Tech News | 1 months ago      

Trump Threatens 25% Tariff on Apple iPhones Not Made in the U.S.

U.S. President Donald Trump has threatened to impose a 25% tariff on Apple for selling iPhones that are not made in the country. When the news was rel

U.S. President Donald Trump has threatened to impose a 25% tariff on Apple for selling iPhones that are not made in the country. When the news was released through Truth Social, Apples stock fell 4%, and Nasdaq 100 futures also fell. Apple has been moving its manufacturing to India last year, it produced $22 billion worth of iPhones, a 60% increase in output. According to analysts, shifting production to the United States might result in iPhone costs reaching $3,500 per device, giving Apple a stronger case for tariffs. In light of the ongoing trade tensions between the United States and China, the strategy promotes home manufacturing and is consistent with Trumps larger trade goal. Read More..

B2B Tech News | 1 months ago