Jaguar Land Rover struggling 8 weeks after most expensive UK cyberattack

Jaguar Land Rover faced a crippling cyberattack that is estimated to carry a price tag of $2.5 billion, with the incident described as likely the most economically damaging cyber event in UK history. The attack triggered a month-long shutdown of internal systems and production, affecting over 5,000 British organisations according to an analysis by Cyber Monitoring Centre.

The UK government responded with a £1.5 billion loan guarantee to help JLR access credit as it gradually restarted partial production after the attack on 31 August. The cost assessment attributes much of the financial impact to lost vehicle sales and profits, the incident response costs, and effects on suppliers and local businesses; it also assumes production may not be fully restored until January.

According to Financial Times, the investigation into the JLR breach is led by the National Crime Agency, though few details have emerged about the attackers, and the analysis did not assume that a ransom was paid.