Jaguar Land Rover Faces $2.5 Billion Loss from Major Cyberattack
TechnologyJaguar Land RoverUpdated 18 hours ago

Jaguar Land Rover Faces $2.5 Billion Loss from Major Cyberattack

Jaguar Land Rover is grappling with an estimated $2.5 billion loss due to a severe cyberattack, marking it as one of the most damaging incidents in UK history. This attack not only affects the company but also poses significant risks to the UK economy, prompting government intervention with a £1.5 billion loan to aid recovery. The incident underscores the urgent need for enhanced cybersecurity measures across industries.

Related Articles
Jaguar Land Rover looking at $2.5 billion price tag from crippling cyberattack
NegativeTechnology
Jaguar Land Rover is facing a staggering $2.5 billion loss due to a severe cyberattack, which is being described as one of the most economically damaging incidents in UK history. This situation highlights the growing threat of cybercrime and its potential to cripple major businesses, raising concerns about cybersecurity measures across industries.
Jaguar Land Rover hack cost UK economy an estimated $2.5B
NegativeTechnology
The recent cyber attack on Jaguar Land Rover has had a significant impact on the UK economy, with estimates suggesting a loss of around $2.5 billion. This incident highlights the vulnerabilities that companies face in today's digital landscape and underscores the importance of robust cybersecurity measures. As businesses increasingly rely on technology, the repercussions of such breaches can be far-reaching, affecting not just the targeted organization but also the broader economy.
Jaguar Land Rover cyberattack could be the costliest in UK history
NegativeTechnology
The recent cyberattack on Jaguar Land Rover (JLR) is projected to be one of the most expensive in UK history, with damages estimated at £1.9 billion. In response, the UK government has stepped in with a significant pledge of £1.5 billion in loan support to help the company recover. This incident highlights the growing threat of cyberattacks on major corporations and the potential economic impact on the industry and the broader economy.

Why World Pulse Now

Global Coverage

All major sources, one page

Emotional Lens

Feel the mood behind headlines

Trending Stories

Know what’s trending, globally

Read Less, Know More

Get summaries. Save time

Multi-Language

Switch languages to read your way

Save for Later

Your stories, stored for later

Live Stats

Our system has analyzed 4,464 articles worldwide

~186 per hour

655 trending stories shaping headlines

From breaking news to viral moments

Monitoring 198 trusted sources

Major outlets & specialized publications

Latest update 39 minutes ago

Always fresh