The August hack of Jaguar Land Rover (JLR), owned by India’s Tata Motors, cost the British economy 1.9 billion pounds ($2.55 billion) and affected over 5,000 organisations in the country, an independent cybersecurity body said in a report published on Wednesday.

The report, produced by the Cyber Monitoring Centre (CMC), an independent, not for profit organisation made up of industry experts including the former head of Britain’s National Cyber Security Centre (NCSC), said losses could be higher if there were unexpected delays to the restoration of production at the vehicle manufacturer to pre-hack levels.

”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 JL

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