Scattered Spider hackers in UK are ‘facilitating' cyber-attacks, says Google
UK-based members of the Scattered Spider hacking community are actively 'facilitating' cyber-attacks, according to Google, as disruption to British retailers spreads to the US.
A group of hackers labelled 'Scattered Spider' have been linked with attacks on UK retailers Marks & Spencer, the Co-op and Harrods, with Google cybersecurity experts warning this week that unnamed retailers across the Atlantic are being targeted as well.
Charles Carmakal, the chief technology officer at Google's Mandiant cybersecurity unit, said that the threat had moved to the US in a pattern typical of Scattered Spider assailants.
Related: Largest US crypto exchange says cost of recent cyber-attack could reach $400m
'They tend to focus on a particular industry sector and geography for a few weeks and then they move on to something else,' he said. 'And right now they're focused on retail organisations. They start in the UK, and now they've shifted to US organisations.'
Asked if UK members of Scattered Spider were involved in hacking M&S, he said: 'Without specifically naming who the victims are I will say broadly Scattered Spider members in the UK are facilitating and contributing to intrusions.'
On Friday it emerged that M&S had warned its staff that some of their personal data may have been stolen in the cyber-attack last month. Sources told the Daily Telegraph that workers were told email addresses and full names were believed to have been taken as part of the hack.
Earlier this week M&S revealed that some personal information relating to thousands of customers was taken by the hackers.
The targeting of retailers in the UK, and the techniques associated with Scattered Spider, has prompted the country's cybersecurity agency to warn companies to look out for specific tactics.
In an advisory note, the National Cyber Security Centre told businesses to look at how their IT help desks help staff members reset passwords. One gambit associated with Scattered Spider – a name coined for a set of hacking tactics rather than an homogenous group – is to ring up IT help desks and pretend to be employees or contractors in order to gain access to company systems.
'What we're seeing is they're making telephone calls, calling up help desks, pretending to be employees and convincing helpdesks to reset passwords,' said Carmakal.
Carmakal added that the task of ringing up helpdesks was sometimes carried out by younger members of the Scattered Spider network.
'It's not always the [threat] actors themselves … that are actually making the phone calls. They outsource some of that work to other members of the broader community, generally younger individuals that aggregate on Telegram and Discord and want to make a few hundred bucks.'
Scattered Spider is unusual among hacking groups deploying ransomware because it is composed of native English speakers from countries such as the UK, US and Canada. Carmakal said he had listened to 'countless calls' that Scattered Spider hackers have made to company employees, 'whether they were extorting them, or trying to convince somebody to provide credentials or harassing somebody'.
Ransomware gangs infect their targets' computer systems with malicious software that effectively locks up their internal files, which the criminals then offer to release in exchange for a payment. Typically, these gangs are from Russia or former Soviet states.
Carmakal's comments came as French luxury brand Dior said this week an 'unauthorised external party' had accessed some customer data. The scale of the breach and the identity of the attacker remains unclear, although Paris-based Dior said no payment information had been taken.
This week Google's cybersecurity specialists said Scattered Spider was targeting US retailers.
'The US retail sector is currently being targeted in ransomware and extortion operations that we suspect are linked to … Scattered Spider,' said John Hultquist, the chief analyst at Google Threat Intelligence Group. 'The actor, which has reportedly targeted retail in the UK following a long hiatus, has a history of focusing their efforts on a single sector at a time, and we anticipate they will continue to target the sector in the near term. US retailers should take note.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
Can Disney Stock Keep Rising After Hitting a New 52-Week High?
Disney matched the S&P 500's 23.3% return last year, but it has more than doubled the market's return so far in 2025. There have been stumbles at the cinema and revenue is barely inching along, but nearly everything else is bullish for Disney. One analyst is boosting his price target on the stock to $140, and he's not even the Street-high on Disney right now. 10 stocks we like better than Walt Disney › Some upticks sneak up on you. Shares of Walt Disney (NYSE: DIS) notched a fresh 52-week high on Thursday and again on Friday this week. This follows the media giant scoring a 23% jump last year, matching the S&P 500's return after falling short in each of the three previous years. The media giant is actually winning so far in 2025. Disney stock's 11% ascent this year heading into the weekend may not seem like a lot, but it's more than double the S&P 500's comparable 5% gain. Bears may be surprised to see Disney outperforming the market over the past year and a half, given its uninspiring top-line growth and some recent misses on high-profile theatrical releases. Reality is kinder than the negative narrative. Let's take a closer look at how Disney is overcoming its near-term challenges while thriving in the new normal. Disney shares are up more than 35% since the start of last year, and that's not including the modest dividend that it reinstated at the start of fiscal 2024 and has already hiked twice. Trailing revenue has only risen 6% from where it was six quarters ago. Disney also has had a few misfires at the multiples this year. The rising shares may not seem to match the fundamentals, but there are a lot of neat things happening at the House of Mouse outside of those two knocks. Fiscal 2024 was a breakthrough for Disney. It reversed a disappointing 2023 at the box office by landing last year's three highest-grossing movies worldwide. Disney+ and the rest of the company's streaming operations turned profitable halfway through the year, earlier than expected. Generating positive net income after sporting massive losses has done wonders for the bottom line. Disney's trailing operating profit has increased 50% since the end of fiscal 2023, with earnings from continuing operations soaring nearly threefold in that time. Disney has seen disappointing ticket sales for its Snow White live-action reboot and Pixar's computer-animated Elio in 2025, but they haven't all been theatrical duds. The studio has put out more than half of this country's top five releases this year. Disney also posted blowout quarterly results in May, silencing any potential bearish rumblings. On the theme park front, Disney's domestic operations surprised Wall Street with a strong showing in its latest update. There was also the bar-raising news of a new Disney-licensed theme park being built in Abu Dhabi, bankrolled by the developer. This is a different kind of Disney coasting now, and Wall Street is starting to pay attention. The latest analyst to grow rosier on Disney is Guggenheim. Analyst Michael Morris boosted its price target on the shares from $120 to $140. He's sticking to his bullish buy rating on the shares, and with the shares now above $120, it makes sense for a positive revision. Guggenheim's analyst points out that the refreshing strength for Disney's experiences segment -- along with a favorable sports advertising forecast and encouraging operating expense outlook for the fading linear networks -- should more than offset the studio stumbles. Morris is boosting his segment operating income projection from $17.6 billion to $17.7 billion for the current quarter that ends this week. He also welcomes Disney's move to finally take full control of Hulu, as it can now take advantage of the segment's profitability to make a stronger approach to seamlessly bundling its direct-to-consumer streaming platforms. Disney stock may not seem cheap. It's trading for almost 20 times Wall Street's profit target for the new fiscal year that starts in three months. However, those earnings estimates have been inching higher since Disney's strong quarter, and that report wasn't an outlier. Disney has posted double-digit percentage beats on the bottom line in all but one of its past four quarters. Momentum is on Disney's side. It has a promising slate of multiplex releases in the second half of this calendar year. As long as the global economy doesn't become the latest Disney villain, Disney should continue to enjoy its dominant market position. The stock may be trading at a new 52-week high, but this doesn't mean that it's all downhill from here. Before you buy stock in Walt Disney, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Walt Disney wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Rick Munarriz has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy. Can Disney Stock Keep Rising After Hitting a New 52-Week High? was originally published by The Motley Fool
Yahoo
41 minutes ago
- Yahoo
Wells Fargo Says To Avoid This Investment and Buy US Stocks Instead — Should You Invest?
In a recent note to investors, Wells Fargo analysts mentioned that they recommended avoiding emerging market equities right now. Trending Now: Read Next: Since the massive bank holds a weighty opinion, it's worth digging into their suggestion. GOBankingRates unpacks Wells Fargo's recommendation and what that means for your portfolio. Investing in emerging markets allows investors to diversify their portfolio beyond U.S. stocks. While you can target specific emerging markets, like India or Indonesia, opting to purchase an index fund focused on a broad swath of emerging markets can give you some exposure across multiple economies with minimal effort on your part. For example, the MSCI Emerging Markets index offers a popular way for U.S.-based investors to add exposure to emerging markets to their portfolio. In the last year, the MSCI Emerging Market Index saw a net return of 13.04%, which is significantly higher than the S&P 500, which saw a slight decline. While you might think that the outperformance of the MSCI Emerging Market Index over the S&P 500 would warrant investing more heavily in emerging markets, the opposite is true in Wells Fargo's opinion. Since the MSCI Emerging Market Index did so well in the last year, the analysts recognize that many investors who had invested in emerging markets will have seen their portfolio's composition change over the last year, with perhaps more weight in emerging markets than they would like. Explore More: The possible portfolio imbalance, with too much money invested in emerging markets and not enough in U.S. stocks, could represent a problem for some investors. Additionally, Wells Fargo remains unconvinced it's a good idea to stay so heavily weighted in favor of emerging markets. The note pointed to the structural risks of emerging markets, including 'political and economic instability, corporate governance concerns, variable regulatory risks, as well as China's excessive debt, slumping property sector, and slowing growth.' All of this to say, Wells Fargo's note encouraged investors to rebalance their portfolios more heavily toward U.S. stocks instead of emerging markets. In the statement, Wells Fargo said, 'we favor reallocating to U.S. Large Cap, U.S. Mid Cap, or Developed Market (DM) ex-U.S. Equities to maintain overall equity exposure.' Investors heavily weighted toward emerging markets might sell off some of those investments in order to purchase U.S. stocks. For example, you might sell some of your stake in the MSCI Emerging Markets index in order to buy more in a fund tied to the S&P 500. If building and managing your own investment portfolio, the right strategy varies based on your interests, skill level and time commitment. For investors with significant time and the patience to monitor the constant turns of the stock market, actively managing it could be a good idea. But if you are looking for a more hands-off approach with a long-term vision in mind, consider buying and holding low-cost index funds. As you buy and hold index funds for the long term, you can make big-picture changes to your portfolio, like adjusting toward or away from emerging markets occasionally. But, in general, you'll allow the investments to hopefully grow in value over the long term. Wells Fargo is suggesting that investors shift away from emerging markets toward U.S. stocks. For some investors, the shift could make sense. For others, following through on this change wouldn't align with their investment goals. Take the time to decide what's best for your situation before making any changes to your portfolio. More From GOBankingRates 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance (And 2 Reasons They Should) This article originally appeared on Wells Fargo Says To Avoid This Investment and Buy US Stocks Instead — Should You Invest?
Yahoo
an hour ago
- Yahoo
Klopp Praises Wirtz as Liverpool Make Statement with Record Signing
Klopp Reflects as Liverpool Invest Big in Florian Wirtz New Era, Familiar Ambition at Anfield The summer of 2025 has already delivered a statement of intent at Anfield. Liverpool, now managed by Arne Slot, have secured the signing of Florian Wirtz in a deal worth £100 million plus £16 million in add-ons, a record fee for a British club. The move, completed ahead of a number of Europe's elite, has captured attention not just for the player involved, but for what it symbolises: Liverpool's continued evolution without Jürgen Klopp. Advertisement For many, it felt like a new chapter written in the same bold ink. Wirtz, 22, has been Germany's outstanding player for the past two seasons. His signature was hotly contested, with Bayern Munich, Manchester City and Real Madrid among the interested parties. Liverpool's ability to complete the deal speaks volumes about their standing under the guidance of Slot and the club's recruitment structure led by Michael Edwards and Richard Hughes. Klopp on Wirtz: Praise and Perspective With such a high-profile signing, scrutiny inevitably follows, especially when past remarks are unearthed. Jürgen Klopp, now watching events unfold from the sidelines, once said he would walk away from a club that paid £100m for a player. That statement has been referenced widely since Wirtz's arrival. Photo: IMAGO Advertisement But the former Liverpool manager has clarified his position and thrown his support behind the move. 'We all agree that we are talking about a great player here,' Klopp told German publication Welt. 'I know that I once said that I'm out if we pay £100m for a player. But the world is changing. That's just the way the market is.' It's a measured response from a coach who always balanced idealism with realism. Markets shift, values rise, and clubs must adapt to remain competitive. Klopp's words are not a retraction, but a reflection of modern football's demands, and Liverpool's place in it. Midfield Shaped for the Future What remains to be seen is where exactly Slot will deploy Wirtz. Klopp himself acknowledged the tactical uncertainty but left little doubt over the player's talent. Advertisement 'I don't know for which position Arne has planned for Florian exactly. He is an outstanding player who can give something big to any club.' Photo IMAGO Wirtz offers versatility across attacking midfield and forward roles. With Dominik Szoboszlai, Curtis Jones, and Harvey Elliott already competing for time, Slot will need to manage rotation and role definition carefully. Yet it's precisely this depth, and competition, that elevates a squad from contenders to champions. Wirtz Transfer Highlights Market Realities Liverpool's investment in Wirtz is about more than numbers. It is a message of intent: that they are still a force among Europe's elite. After years of carefully calibrated business under Klopp, this move feels like both continuity and change, building on past success while adapting to new realities. Advertisement 'Whether he will make the reigning English champions even better, however, remains to be seen,' Klopp concluded. His comment isn't laced with doubt, but with the wisdom of someone who knows football's unpredictability better than most. What is clear is that Liverpool now have a player capable of shaping matches at the highest level. Whether that leads to another title, or just a reinvention of their attacking identity, only time will tell.