Scottish Law Firm Files Suit After Customer Data Stolen in Cyber Attack
- Law firm files class action lawsuit against M&S
- Data breach due to a cyber attack
- Thompsons Solicitors receives numerous enquiries
A Scottish law firm, Thompsons Solicitors, has filed a class action lawsuit against Marks and Spencer (M&S) following a major cyber attack that resulted in the theft of customers’ personal data. The company confirmed the breach, leading to an ‘avalanche’ of enquiries from affected individuals seeking legal assistance.
Factuality Level: 8
Factuality Justification: The article provides accurate information about a law firm launching a class action case against Marks and Spencer due to a cyber attack resulting in stolen customer data. It also mentions the high volume of enquiries received by the law firm. However, it could provide more details on the specific nature of the cyber attack and consequences for customers.
Noise Level: 6
Noise Justification: The article provides relevant information about a cyber attack on Marks and Spencer and the subsequent legal action taken by a Scottish law firm. However, it lacks in-depth analysis or exploration of the consequences of such attacks and does not offer much insight into potential solutions or preventive measures.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a cyber attack on Marks and Spencer, which is a major retail company. Although it does not directly impact financial markets, it pertains to financial topics as it involves a company’s data breach that could potentially affect their reputation and customer trust, which may have an indirect effect on the company’s financial performance.
Presence Of Extreme Event: Yes
Nature Of Extreme Event: Technological Disruption (cyber-attacks)
Impact Rating Of The Extreme Event: Moderate
Extreme Rating Justification: There was a major cyber attack that led to the theft of customer data, potentially affecting many people and causing legal consequences for the company.
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