Jaguar Land Rover hack is costliest cyber attack in UK history


The cyber attack on Jaguar Land Rover (JLR) will cost an estimated £1.9bn and be the most economically damaging cyber event in UK history, according to researchers.

Experts at the Cyber Monitoring Centre (CMC) have analysed the continuing fallout from the hack, which halted the car giant’s production on 1 September for five weeks and caused widespread delays across JLR’s supply chain.According to the CMC, 5,000 businesses have been affected in total and a full recovery will not be reached until January 2026.

Read more…
Source: BBC News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Russian hackers leak confidential UK police data on the ‘dark web’ after their ransom was rejected

    December 19, 2021

    Confidential information held by some of Britain’s police forces has been stolen by Russian hackers in an embarrassing security breach, The Mail on Sunday can reveal. The cyber-criminal gang Clop has released some of the material it plundered from an IT firm that handles access to the police national computer (PNC) on the so-called ‘dark web’ ...

  • East Londoners nicked under Computer Misuse Act after NHS vaccine passport app sprouted clump of fake entries

    December 16, 2021

    British police have made a series of arrests over the past few months after people with apparent access to NHS databases allegedly sold fake vaccination status entries on the NHS vaccine passport app. This week the Metropolitan Police’s Cyber Crime Unit declared it had arrested three men after an unidentified NHS trust “noticed a suspicious pattern ...

  • Spar shops across northern UK shut after cyber attack hits payment processing abilities

    December 6, 2021

    The British arm of Dutch supermarket chain Spar has shut hundreds of shops after suffering an “online attack,” the company has confirmed to The Register. “This has not affected all SPAR stores across the North of England,” a Spar spokesman told us, “but a number have been impacted over the past 24 hours and we are ...

  • UK spy chief warns China, Russia racing to master AI

    November 30, 2021

    The chief of the United Kingdom’s foreign spy service is to warn that China and Russia are racing to master artificial intelligence in a way that could revolutionise geopolitics over the next 10 years. Richard Moore, who heads the Secret Intelligence Service, known as MI6, is due to make his first public speech since becoming chief ...

  • UK: Facial recognition firm faces possible £17m privacy fine

    November 29, 2021

    An Australian firm which claims to have a database of more than 10 billion facial images is facing a potential £17m fine over its handling of personal data in the UK. The Information Commissioner’s Office said it had significant concerns about Clearview AI, whose facial recognition software is used by police forces. It has told the firm ...

  • Britain and Israel to sign trade and defence deal

    November 28, 2021

    Britain and Israel will sign a 10-year trade and defence pact in London on Monday, promising cooperation on issues such as cybersecurity and a joint commitment to prevent Iran from obtaining nuclear weapons. The agreement was announced by Liz Truss, the foreign secretary, and her Israeli counterpart Yair Lapid, despite evidence that spyware made by Israeli ...