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Title: Jaguar Land Rover Hack Cost UK Economy an Estimated $2.5 Billion

Link: https://news.slashdot.org/story/25/10/22/1952...

An anonymous reader quotes a report from Reuters: The hack of Jaguar Land
Rover, owned by India's Tata Motors, cost the British economy an estimated
$2.55 billion and affected over 5,000 organizations, an independent
cybersecurity body said in a report published on Wednesday. The report was
produced by the Cyber Monitoring Centre, an independent, not for profit
organization made up of industry specialists, including the former head of
Britain's National Cyber Security Centre. It said losses could be higher if
there were unexpected delays to the restoration of production at the vehicle
manufacturer to levels before the hack took place in August. "This incident
appears to be the most economically damaging cyber event to hit the UK, with
the vast majority of the financial impact being due to the loss of
manufacturing output at JLR and its suppliers," the report said. JLR will
report its financial results in November, according to the company's website.
A spokesperson for JLR declined to comment on the report. [...] JLR, which
analysts estimated was losing around 50 million pounds per week from the
shutdown, was provided with a 1.5 billion pound loan guarantee by the British
government in late September to help it support suppliers.

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