JLR Cyberattack: The Most Costly in UK History
The cyberattack on Jaguar Land Rover (JLR) is officially the most economically damaging event in UK history, with a cost of £1.9 billion.
The attack, which started in late August, led to a prolonged shutdown of manufacturing output at JLR's UK plants, resulting in a significant financial impact.
- The shutdown lasted for five weeks, forcing the car giant to halt global operations.
- The Cyber Monitoring Centre (CMC) expects JLR to return to full pre-attack production levels by January 2026.
The estimated cost of the attack ranges between £1.6bn and £2.1bn, surpassing previous major incidents.
In comparison, the retail hacks that hit Marks & Spencer and others earlier this year were estimated to cost less than £500 million.
Author's summary: JLR cyberattack is the UK's costliest at £1.9 billion.