TCS Not Under Probe in M&S Breach: Mistry

India's largest information technology (IT) services firm, Tata Consultancy Services (TCS), clarified at its 30th annual general meeting (AGM) that it is not under investigation in relation to the recent cyber breach at one of its largest retail clients, Marks & Spencer (M&S).

- SHIVANI SHINDE

"The purview of investigation does not include TCS," said Keki Mistry, independent director, addressing shareholders.

Responding to a shareholder query regarding the breach at UK-based M&S, Mistry said: "This incident is currently under review and investigation by the customer. As no TCS customer or system was compromised, none of our other customers were impacted."

The cyber breach, which occurred during the busy Easter weekend, disrupted online shopping services. According to a report by the Financial Times, the breach may result in losses of up to 300 million pounds.

Mistry added that TCS has followed all required procedures and continues to provide full support to the client to ensure full recovery of systems and business continuity.