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Investing.com -- Marks & Spencer (OTC:MAKSY) expects most of the impact from an April cyberattack to be resolved by August, according to Chief Executive Stuart Machin.
Speaking at the retailer’s annual general meeting on Tuesday, Machin told shareholders that the portion of the online store currently unavailable will be fully restored within the next four weeks.
The CEO added that other systems being rebuilt will be operational by August.
"I’m really hoping by August, the majority of this is behind us, and customers will see the full M&S," Machin said.
Currently, half of the company’s online store remains closed following the cyberattack that occurred in April.
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