{"id":33178,"date":"2025-09-25T14:42:50","date_gmt":"2025-09-25T14:42:50","guid":{"rendered":"https:\/\/agooka.com\/news\/technologies\/co-op-group-reports-75m-loss-after-april-cyber-attack\/"},"modified":"2025-09-25T14:42:50","modified_gmt":"2025-09-25T14:42:50","slug":"co-op-group-reports-75m-loss-after-april-cyber-attack","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/technologies\/co-op-group-reports-75m-loss-after-april-cyber-attack\/","title":{"rendered":"Co-op Group reports \u00a375m loss after April cyber-attack"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/dataconomy.com\/wp-content\/uploads\/2025\/09\/1114905.jpg\" alt=\"Co-op Group reports \u00a375m loss after April cyber-attack\" title=\"Co-op Group reports \u00a375m loss after April cyber-attack\"\/><\/p>\n<p>British company Co-op Group reported a \u00a375 million pre-tax loss for its first half, attributing the result to a cyber-attack in April. The security breach cost the company \u00a380 million in operating profit for the period ending July 5.<\/p>\n<p>The group\u2019s financial report, released on Thursday, detailed the \u00a375 million ($108 million) pre-tax loss, which contrasts sharply with the \u00a33 million profit recorded in the same period last year. The company stated the April cyber-attack was the primary cause of the financial downturn, directly impacting its operating profit for the six-month period. The disruption from the breach led to the significant negative financial performance.<\/p>\n<p>The 181-year-old Co-op Group, with operations in food retail, funeral care, legal services, and insurance, confirmed the financial impact was a direct result of the security incident. This cyber-attack is the latest in a series of high-profile security events that have affected major British businesses in recent years.<\/p>\n<p><strong>Featured image credit<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>British company Co-op Group reported a \u00a375 million pre-tax loss for its first half, attributing the result to a cyber-attack in April. The security breach cost the company \u00a380 million in operating profit for the period ending July 5. The group\u2019s financial report, released on Thursday, detailed the \u00a375 million ($108 million) pre-tax loss, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":{"0":"post-33178","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technologies"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/33178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=33178"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/33178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/33179"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=33178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=33178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=33178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}