Jaguar Land Rover Cyber Attack Inflicts £1.9 Billion Economic Damage on UK
The August hack of Jaguar Land Rover has reportedly cost the UK economy £1.9 billion, affecting thousands of businesses. Production was halted for nearly six weeks, with losses potentially rising if recovery delays persist.
Massive Economic Impact from Cyber Incident
The August cyberattack on Jaguar Land Rover (JLR) has reportedly inflicted a staggering £1.9 billion (approximately $2.55 billion) blow to the British economy, according to a recent analysis. Sources indicate that over 5,000 organizations across the UK felt the ripple effects of this security breach, which forced a nearly six-week shutdown at the automaker’s production facilities.