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:
- Huge U.K. Defense Spending Boost Funds Cyber Force, Space Command And AI
November 19, 2020
U.K. Prime Minister Boris Johnson announced on Wednesday evening that the Ministry of Defence would receive an extra £16.5 bn / $21.8bn over the next four years. This is the largest investment in defense for 30 years and is on top of already agreed increases in spending. Johnson said that the massive increase was justified despite ...
- Cybersecurity: One in three attacks are coronavirus-related
November 3, 2020
The UK’s National Cyber Security Centre (NCSC) is ‘stepping up support’ for the National Health Service to help protect UK hospitals and other healthcare organisations against cyberattacks. The NCSC’s Annual Review 2020 reveals that the cyber arm of GCHQ has handled more 200 cyber incidents related to coronavirus during the course of this year – almost ...
- Marriott fined £18.4 million by UK watchdog over customer data breach
November 2, 2020
The Information Commissioner’s Office (ICO) has fined Marriott £18.4 million over a 2014 data breach, heavily reducing the penalty originally planned due to COVID-19 disruption. The Marriot hotel group was subject to a 2014 data breach impacting the Starwood resort chain, acquired by Marriott in 2015. At the time, threat actors were able to infiltrate Starwood systems ...
- London Hackney Council hit by ‘serious cyber attack’
October 13, 2020
Due to enormous amount of interest and following numerous requests from Cyber Security Review readers, Hackney Council says it has been hit by a “serious cyber attack”, which is affecting many of its services and IT systems. The council says it is working with the UK’s National Cyber Security Centre (NCSC) and the Ministry of Housing ...
- Member of ‘The Dark Overlord’ hacking group sentenced to five years in prison
September 21, 2020
A UK national pleaded guilty today to extorting tens of companies across the world as a member of an infamous hacking group known as The Dark Overlord (TDO). Nathan Francis Wyatt, 39, was sentenced to five years in prison and ordered to pay $1,467,048 in restitution to victims. According to court documents, Wyatt was part of the ...
- Alert issued to UK universities and colleges about spike in cyber attacks
September 17, 2020
British universities and colleges have been warned about a spike in ransomware attacks targeting the education sector by the UK’s National Cyber Security Centre (NCSC), a part of GCHQ. Academic institutions are being urged to follow NCSC guidance following a sharp increase in attacks which have left some teachers fearing they won’t be able to accept ...