British car manufacturer Jaguar Land Rover (JLR) experienced a significant data breach in August, leading to production halt and a financial loss of over $890 million. The cyberattack compromised employee and contractor data, impacting the broader supply chain and costing the British economy nearly $2.5 billion. #JLR #Cyberattack #SupplyChain #BritishEconomy
Keypoints
- Jaguar Land Rover confirmed a cyberattack in August that affected employee and contractor data.
- The attack caused a production shutdown lasting over a month and resulted in more than $890 million in losses.
- The compromised data related to payroll, benefits, and staff schemes, but there is no evidence of misuse.
- The incident has had a ripple effect, threatening thousands of jobs and impacting over 5,000 organizations within its supply chain.
- The British government provided support through a loan to help protect suppliers and mitigate economic damages.
Read More: https://therecord.media/jaguar-land-rover-confirms-staff-data-stolen-cyberattack