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:
- UK Tax Agency Collects 5.1M Biometric Voice IDs, May Violate GDPR
June 24, 2018
Her Majesty’s Revenue and Customs (HMRC) in the UK is under investigation by that country’s regulator over the collection of more than 5 million biometric voice IDs. The Information Commissioner’s Office (ICO) is investigating the tax agency’s practice, which may violate the recently implemented General Data Protection Regulation, following an official complaint from watchdog group Big ...
- GCHQ chief highlights UK’s ‘critical role’ in thwarting European attacks
June 19, 2018
Speaking after meetings at NATO’s Brussels headquarters, Jeremy Fleming cited GCHQ’s involvement in disrupting terrorist activity on the continent in a bid to highlight the importance of UK-EU security links. The comments will be viewed in some quarters as a pointed intervention in the Brexit debate, coming hot on the heels of remarks by the EU’s chief ...
- Yahoo fined £250,000 by UK watchdog over data breach
June 13, 2018
The UK Information Commissioner’s Office (ICO) has fined Yahoo £250,000 over a data breach which occurred in 2014. The data breach resulted in the theft of at least 500 million records. It is believed that names, email addresses, telephone numbers, dates of birth, hashed passwords, and some “encrypted or unencrypted security questions and answers” were compromised. Yahoo has ...
- UK Manufacturers Top Attack Target For Cyber Crooks
May 8, 2018
Manufacturing was the sector most attacked by cyber-criminals in the UK last year, a report from NTT Security has found, mirroring warnings from other agencies including the UK’s National Cyber Security Centre (NCSC) . The firm’s Global Threat Intelligence Report 2018 found that finance was the most targeted sector worldwide, accounting for 26 percent of attacks, including ...
- Nearly half of UK manufacturers hit by cyber attacks
April 23, 2018
Nearly half of UK manufacturers have been hit by a cyber security incident, according to a report by an industry organisation, which calls for greater government focus on the specific security needs of the sector Some 48% of UK manufacturers admit they have at some time been subject to a cyber security incident, with half of ...
- ID theft in UK hits record high as crooks shift to more vulnerable targets
April 18, 2018
Identity fraud in Blighty hit a record high of 174,523 incidents last year – and the vast majority of it happened online. According to the latest report by fraud prevention service Cifas, ID theft rose 1 per cent on last year. However, that is an increase of 125 per cent on 2007, the Fraudscape (PDF) report shows. Read more… Source: The ...