AutomotiveBusinessCybersecurity

UK Faces £1.9 Billion Economic Blow from Jaguar Land Rover Cyber Incident

A major cyberattack on Jaguar Land Rover is projected to become the costliest such incident in UK history, with estimated economic impacts reaching £1.9 billion. The incident has disrupted manufacturing operations and supply chains, affecting over 5,000 organizations nationwide.

Massive Economic Impact

The cyberattack targeting Jaguar Land Rover could potentially cost the UK economy nearly £2 billion, making it the most expensive cybersecurity incident in the country’s history, according to analysis from the Cyber Monitoring Centre. Sources indicate the estimated impact ranges between £1.6 billion and £2.1 billion, affecting more than 5,000 organizations throughout the UK.

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Irish Companies Lag in AI and Quantum Security Preparedness, PwC Survey Reveals

Irish organizations are increasing cybersecurity investments but remain uncertain about AI’s defensive value, according to PwC’s latest survey. While showing strengths in supply chain risk management and staff training, Ireland significantly trails global averages in quantum-resistant technology implementation as emerging threats loom.

Global Cybersecurity Landscape

Organizations worldwide are struggling to prepare for emerging cyberthreats from artificial intelligence and quantum computing, with less than half considered “very capable” of withstanding a major cyberattack, according to PwC’s 2026 Global Digital Trust Insights survey. The comprehensive research, which gathered responses from 4,000 business and technology executives across 72 countries including Ireland, reveals significant gaps in preparedness despite increasing recognition of digital risks.