Co-op Reports £80M Operating Loss After Cyberattack
🔒 The Co-operative Group reported an £80 million operating profit loss in H1 2025 after an April cyberattack disrupted systems and trading. Management attributed the shortfall to £20 million of one‑off remediation costs and £60 million in lost sales while systems were offline, and said revenue fell by £206 million. The breach, linked to DragonForce and affiliates of Scattered Spider, exposed personal data for all 6.5 million members; four suspects have since been arrested. Despite the impact, Co-op reported £800 million of available liquidity and no immediate funding concerns.
