Independent Businesses Suffer Big Hit as Result of Cyberattack on Swan Retail IT Firm

Up to 300 independent retailers have been left unable to process stock after being hit by a cyber attack at fullfilment software supplier Swan Retail. The attack took place on Sunday (13 August).

Independents told Drapers that their businesses have taken a big hit since the attack as they struggled to replenish stock in-store or fulfill online orders. Some have also had to delay bringing in new autumn/winter collections as a result.

Estimated Cost

Significant financial loss at independent business

Threat Source

Impacts