JLR cyber attack to cost £1.9bn (Photo by BEN STANSALL/AFP via Getty Images)
The cyber attack on Jaguar Land Rover (JLR) has been estimated to cost the UK around £1.9bn, in what experts are calling the most economically damaging hack in British history.
Research from the Cyber Monitoring Centre (CMC) , a non-profit group that tracks major cyber incidents, found that around 5,000 organisations across the country were affected by the fallout of the attack, which forced JLR to halt production for five weeks from 1 September.
The report also said JLR, owned by India’s Tata Motors, suffered the largest financial hit, with analysts predicting that more than half of the total cost will fall on the carmaker due to lost production, lower sales, and recovery expenses.
The carmaker only partial