Tata Consultancy Services (TCS) has refuted a report by a UK-based media outlet which claimed that British retailer Marks & Spencer (M&S) has terminated $1 billion contract with the Indian IT major following a major cyberattack.

TCS dubs report ‘misleading’

Terming the report as “misleading” and “factually inaccurate”, TCS argued that the media report titled “M&S ousts Indian outsourcer accused of £300m cyberattack failures” has several factual errors, including the size of the contract and its relation with the cyberattack incident, reported NDTV .

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“The report published is misleading, with factual inaccuracies including the size of the contract and the continuity of TCS's work for Marks & Spencer (M&S),” stated T

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