A major cyber attack on luxury car manufacturer Jaguar Land Rover resulted in nearly £200 million in costs and severely disrupted its British operations, the company has revealed.
Financial Fallout from the Hack
The sophisticated cyber incident is a key factor behind the company's significant financial downturn. JLR reported an underlying loss of £485 million for the second quarter of the year. For the six-month period ending in September, the total loss reached £134 million.
Adrian Mardell, the Chief Executive of Jaguar Land Rover, stated that the company's financial challenges were directly linked to the cyber attack, alongside pressures from US tariffs.
Widespread Production Shutdown
The attack had an immediate and severe physical impact, crippling the firm's manufacturing capabilities. In response to the breach, JLR was forced to suspend all production at its UK factories for five weeks. This shutdown began on 1 September, bringing assembly lines to a standstill.
National Economic Damage
This cyber attack is now considered the most economically damaging hack in UK history. The incident is estimated to have cost the country a staggering £1.9 billion in total. Beyond JLR, the widespread attack impacted around 5,000 businesses across the nation, highlighting the broad vulnerability of British industry to such digital threats.
