Newly-released figures have revealed the impact of the cyber attack on Jaguar Land Rover.
The incident, which hit Jaguar Land Rover’s computer systems in September, forced the company to halt car production for nearly six weeks. The shutdown had repercussions throughout supply chains and was blamed for a slowdown in the UK’s overall economic growth that month.
During the three months to the end of September, the UK’s largest car manufacturer’s revenue fell 24% year-on-year to £4.9 billion. Meanwhile, the company posted a loss of £485 million – compared to a £398 million profit the previous year.
The cyber incident alone cost Jaguar Land Rover £196 million, mostly in emergency IT support and recovery costs.
The Government last month warned that hostile cyber activity in the UK is becoming more frequent and complex, making it vital for all businesses to take their digital defences seriously.
The situation highlights just how damaging cyber attacks can be for businesses of any size and UKC3 continues to urge business owners to take up training and networking opportunities available nationwide through UKC3 regional clusters. Local networks run events which help organisations build resilience and respond to ever more sophisticated cyber threats.
Dr Ismini Vasileiou, UKC3 co-chair and Cyber Skills lead, said: “Events like the JLR cyber attack demonstrate the real-world impact digital threats can have on business operations, finances, and even jobs across whole industries.
“Building networks through UKC3 clusters around the regions and nations means learning more about what is available in terms of practical workshops, expert mentoring, and tailored support to help organisations strengthen their cyber governance and resilience.
“Upskilling your workforce and connecting within our wider cyber community means your business isn’t facing these risks alone.”
