US EditionJaguar Land Rover hack cost the UK economy £1.9bn, report says
The cyber attack caused a five-week shutdown affecting 5,000 UK businesses and is expected to cost Jaguar Land Rover over half of the £1.9 billion total loss, experts say.
- The cyber attack on Jaguar Land Rover will cost an estimated £1.9bn and be the most economically damaging cyber event in UK history, according to researchers.
- The hack began in late August causing an IT shutdown and a halt in global manufacturing operations, including its major UK plants.
- More than half of the cost will be shouldered by JLR itself including loss of earnings and the cost of recovery.
58 Articles
58 Articles
The hacker attack at the end of August on the car manufacturer Jaguar was according to experts the most expensive of British history. More than 5,000 organizations were affected, the production stood still for weeks.
Jaguar Land Rover Hack Dealt $2.5-Billion Blow To British Economy: Report
The August hack of Jaguar Land Rover (JLR), owned by India's Tata Motors, cost the British economy 1.9 billion pounds ($2.55 billion) and affected over 5,000 organisations in the country, an...
Jaguar Land Rover looking at $2.5 billion price tag from crippling cyberattack
The cyberattack on Jaguar Land Rover is estimated to have cost the UK at least £1.9 billion in what is likely to be “the most economically damaging cyber event” for the country. The month-long shutdown of internal systems and production at JLR affected over 5,000 British organisations, according to an analysis by Cyber Monitoring Centre, a non-profit organization that ranks the severity of cyber events in the UK. “This incident looks to have bee…
A hacker attack on the car manufacturer Jaguar Land Rover has caused an estimated 1.9 billion pounds to the British economy.
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