Jaguar Land Rover Hack Costs UK Economy $2.5 Billion

Reported about 21 hours ago

A cybersecurity report reveals that the August hack of Jaguar Land Rover (JLR) resulted in an economic loss of £1.9 billion ($2.55 billion) for the UK, impacting over 5,000 organizations. This incident is cited as one of the most financially damaging cyber events in UK history, significantly disrupting JLR's manufacturing operations. The government provided a £1.5 billion loan guarantee to assist the company, as JLR gradually resumed production following a nearly six-week shutdown.

Source: YAHOO

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