£1.9bn price tag makes JLR Britain’s most expensive cyber attack

cityam

Oct 23, 2025

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 ...

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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 ...</p>\n\n<a href=\"https://www.cityam.com/1-9bn-price-tag-makes-jlr-britains-most-expensive-cyber-attack/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>£1.9bn price tag makes JLR Britain’s most expensive cyber attack</title>\n<style 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experts are calling ...</p>\n\n<a href=\"https://www.cityam.com/1-9bn-price-tag-makes-jlr-britains-most-expensive-cyber-attack/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237443549.SGD","symbol_name":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA 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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 partially restarted UK operations earlier this month and is not expected to fully recover until January 2026.Simon Onyons, managing director in the Cyber and Data Resilience team at Kroll, said: “With a cost approaching nearly 2bn, this now stands as the single most econom","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC 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total cost will fall on the carmaker due to lost production, lower sales, and recovery expenses.The carmaker only partially restarted UK operations earlier this month and is not expected to fully recover until January 2026.\n\nCMC chair Ciaran Martin, the former head of the National Cyber Security Centre, described the breach as “by some distance, the single most financially damaging cyber event ever to hit the UK”.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHe added: “That should make us all pause and think – and then, as the NCSC said so forcefully last week, it’s time to act”.The UK government has already stepped in with a £1.5bn loan guarantee to ease pressure on JLR’s suppliers, many of whom warned they could collapse without trading resuming quickly.‘A wake up call for every board’Experts have said the JLR incident should be a turning point for how both businesses and public bodies handle cyber risk.\n\nSimon Onyons, managing director in the Cyber and Data Resilience team at Kroll, said: “With a cost approaching nearly £2bn, this now stands as the single most economically damaging cyber incident the UK has ever seen – and it should serve as a wake-up call for every board and public body in the country.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}