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.