AutomotiveBusinessCybersecurity

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.

BusinessInfrastructure

Mitsui Announces Major Port of Nigg Expansion to Support Offshore Wind Industry

The Port of Nigg in the Scottish Highlands is set for a major transformation under new owners Mitsui. The expansion project will extend quaysides into deeper waters to accommodate the largest offshore wind installation vessels, positioning the port as a critical hub for renewable energy development.

Highland Port Set for Major Transformation

The Port of Nigg in Scotland’s Highland region is poised for significant expansion under new ownership, according to reports. Japanese industrial giant Mitsui, which recently acquired control from Highland-based Global Energy Group, has announced ambitious plans to invest hundreds of millions of pounds in upgrading the facility.