Marks & Spencer CDO Rachel Higham Departs After £300M Cyberattack

Rachel Higham, Marks & Spencer's chief digital and technology officer, is departing amid speculation tied to a £300 million cyberattack by Scattered Spider that disrupted operations and stole customer data. Her exit highlights leadership risks in cybersecurity failures and underscores the need for robust defenses in retail.
Marks & Spencer CDO Rachel Higham Departs After £300M Cyberattack
Written by Miles Bennet

The Resignation Amid Cyber Turmoil

In a move that has sent ripples through the retail and technology sectors, Rachel Higham, the chief digital and technology officer at Marks & Spencer, has announced her departure from the company. This comes just months after a major cyberattack disrupted the retailer’s online operations, resulting in an estimated £300 million in losses. Higham, who joined M&S in June of last year after stints at BT and WPP, is said to be taking a career break, according to a company spokesperson.

The timing of her exit has fueled speculation about accountability in the wake of the breach. The attack, attributed to the hacking group Scattered Spider, struck in April, paralyzing M&S’s e-commerce platform and supply chain systems. Customers faced widespread outages, with online shopping halted for days, underscoring the vulnerabilities in digital retail infrastructures.

Background of the Cyberattack

Details emerging from various reports paint a picture of a sophisticated ransomware operation that exploited weaknesses in M&S’s IT defenses. According to Sky News, the incident not only disrupted services but also led to the theft of customer data, though no usable payment details or passwords were compromised. This breach echoes similar attacks on other high-profile retailers, highlighting a growing trend of cyber threats targeting consumer-facing businesses.

Industry insiders note that Higham’s role involved overseeing M&S’s ambitious digital transformation, including enhancements to its app and online personalization features. Her departure raises questions about the internal fallout from the attack, especially as the company has been pushing to modernize its operations amid competitive pressures from online giants like Amazon.

Implications for Corporate Leadership

For executives in similar positions, Higham’s exit serves as a stark reminder of the personal and professional risks tied to cybersecurity failures. As reported by GB News, the attack by Scattered Spider—a group known for social engineering tactics—crippled online services, leading to significant revenue losses during a peak trading period. M&S has since invested heavily in recovery efforts, but the incident has prompted broader discussions on board-level oversight of tech risks.

Analysts suggest that such resignations could become more common as regulators demand greater accountability. In the UK, where data protection laws are stringent, companies face potential fines and reputational damage. Higham’s background in telecommunications and advertising positioned her as a key architect of M&S’s tech strategy, yet the breach exposed gaps that even seasoned leaders might struggle to anticipate.

Broader Industry Repercussions

Social media reactions on platforms like X have amplified the story, with posts from outlets such as BBC Breaking News highlighting customer data concerns and public figures like Kirstie Allsopp expressing support for the brand. These sentiments reflect a mix of sympathy and scrutiny, as users debate the long-term impact on consumer trust.

Meanwhile, recent web searches reveal ongoing coverage, including from TechRadar, which notes that Higham is “taking a break” without directly linking it to the attack, though the proximity is telling. Competitors are watching closely, as M&S’s experience underscores the need for robust incident response plans.

Lessons in Cybersecurity Resilience

Delving deeper, the Scattered Spider attack involved phishing and malware deployment, tactics that have plagued sectors beyond retail. Experts from the Institute of Corporate Resilience, as shared in X posts, emphasize the £300 million cost as a wake-up call for enhanced threat intelligence. M&S’s recovery has included partnerships with cybersecurity firms, but insiders argue that preventive measures, like AI-driven monitoring, could have mitigated the damage.

Higham’s tenure, though brief, coincided with M&S’s push into data analytics and omnichannel retail. Her exit might signal a strategic pivot, potentially toward hiring leaders with stronger cybersecurity pedigrees. As one source from CNA indicates, the decision was mutual, framed as a personal choice amid professional pressures.

Future Outlook for M&S and Beyond

Looking ahead, M&S faces the challenge of rebuilding its digital fortress while maintaining growth momentum. The retailer’s shares dipped slightly following the announcement, per market trackers, reflecting investor jitters over leadership stability. For the industry at large, this episode highlights the evolving role of chief technology officers, who must now balance innovation with ironclad security.

In conversations with tech executives, there’s consensus that cyber resilience requires cultural shifts, not just technological fixes. As M&S navigates this transition, Higham’s departure may well become a case study in how cyber incidents reshape corporate hierarchies, urging leaders to prioritize defense in an era of relentless digital threats.

Subscribe for Updates

HiTechEdge Newsletter

Tech news and insights for technology and hi-tech leaders.

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.

Notice an error?

Help us improve our content by reporting any issues you find.

Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit

Advertise with Us