Cyber-attack hits Phase Eight and Hobbs owner while H&M probes separate hack claim.
Context
What happened: TFG London, owner of Phase Eight, Hobbs and Whistles, is investigating a cyber-security incident found on Sunday that affected some IT systems. H&M is separately investigating a hack claim by a group called ShinyHunters.
Key numbers: Incident identified on Sunday. Asos breach reported a week earlier.
Why it matters: TFG said stores operate as normal but some website functions may be unavailable, and it does not believe payment data was affected. An expert said major brands are in attackers' crosshairs.