UK govt backs JLR with £1.5 billion loan guarantee after cyberattack

UK govt backs JLR with £1.5 billion loan guarantee after cyberattack

The UK Government has provided a £1.5 billion loan guarantee to Jaguar Land Rover (JLR) to help restore its disrupted supply chain after a severe cyberattack. The attack, claimed by “Scattered Lapsus$ Hunters,” caused significant operational shutdowns and data theft, prompting government support and ongoing recovery efforts. #ScatteredLapsusHunter #JLRDataTheft

Keypoints

  • Jaguar Land Rover’s supply chain was severely impacted by a cyberattack, halting production.
  • The UK government guarantees a loan through the Export Development Guarantee program to support JLR’s recovery.
  • The attack involved alleged ransomware deployment and data theft, with claims from a hacking group.
  • JLR is working with cybersecurity experts and law enforcement to ensure safe operational restart.
  • Additional arrests linked to similar cyber threat groups have been made in the UK and Las Vegas.

Read More: https://www.bleepingcomputer.com/news/security/uk-govt-backs-jlr-with-15-billion-loan-guarantee-after-cyberattack/