Russian hackers were behind $2.5B hack of Jaguar Land Rover


Last year, hackers attacked car giant Jaguar Land Rover (JPL), one of the U.K.’s biggest employers. The hack halted production for months and made a dent in the country’s economy. The damage was so severe that the U.K. government decided to bail out the company with a £1.5 billion (around $2 billion) payment, and estimates say the hack cost the British economy $2.5 billion.

For months, there was only speculation about who did it. Now, citing people close to the investigation, The New York Times reports that the hackers behind the breach were Russian, although it’s still unclear if they were working directly for Vladimir Putin’s government, were just criminals, or something in between, like criminals operating with the government’s tacit approval.

Read more…
Source: TechCrunch


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


Related:

  • Lapsus$: Oxford teen accused of being multi-millionaire cyber-criminal

    March 24, 2022

    A 16-year-old from Oxford has been accused of being one of the leaders of cyber-crime gang Lapsus$. The teenager, who is alleged to have amassed a $14m (£10.6m) fortune from hacking, has been named by rival hackers and researchers. City of London Police say they have arrested seven teenagers in relation to the gang but will not ...

  • IT outage at Scotland’s Heriot-Watt University enters second week

    March 24, 2022

    Edinburgh’s Heriot-Watt University has entered a second week of woe following a vist by an infosec nasty. The 200-year-old institution’s IT team first referred to the crisis as a “security incident” but a spokesperson confirmed to The Register that it was a cyber attack. A week on, things remain resolutely broken. VPN? Down. Oracle R12 Finance System? ...

  • How hackers are trying to undermine Putin

    March 20, 2022

    The Anonymous hacktivist collective has been bombarding Russia with cyber-attacks since declaring “cyber war” on President Vladimir Putin in retaliation for the invasion of Ukraine. Several people operating under its banner spoke to the BBC about their motives, tactics and plans. Of all the cyber-attacks carried out since the Ukraine conflict started, an Anonymous hack on ...

  • An imposter posing as Ukraine’s prime minister tricked his way into a video call with the UK’s defence secretary

    March 18, 2022

    An imposter posing as Ukraine’s prime minister tricked his way into a video call with the UK’s defence secretary in a suspected Russian ploy. Ben Wallace ordered an immediate inquiry into the security breach on Thursday. During the hoax call Mr Wallace engaged for about 10 minutes with the man, who appeared to have gone through a ...

  • Britain, U.S. warn of satellite communications risks after Ukraine hack

    March 18, 2022

    Britain and the United States have warned organisations of the risks associated with using satellite communications following a cyberattack on satellite internet modems as Russia invaded Ukraine. Western intelligence agencies have been investigating the attack which disrupted broadband satellite internet access provided by U.S. telecommunications firm Viasat, Reuters reported last week. “It’s certainly something we’re investigating quite ...

  • UK: Online Safety Bill – Updated proposals will make UK safest place to go online, government says

    March 17, 2022

    Laws that will require social media sites and tech firms to prevent users being exposed to harmful content are being introduced to parliament after several major updates.++ Additions to the bill include the power to hold executives criminally liable if they don’t comply with Ofcom information requests two months after the law begins, rather than the ...