Hardware

Catastrophic Jaguar Land Rover cyberattack to cost UK economy at least $2.5 billion, according to estimates — 5,000 independent organizations decimated by supply chain fallout

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A new report from cybersecurity body, the Cyber Monitoring Centre, has estimated that the recent hack of Jaguar Land Rover (JLR) and the fallout that affected its entire supply chain of more than 5,000 independent organizations cost the UK economy as much as £1.9 billion ($2.5 billion), via Reuters. These are just the losses so far, too, with the potential for them to mount further if there were any unexpected delays in restoring production at the main manufacturing facilities.

Amidst a range of…

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