"This incident appears to be the most ecnomically damaging cyber event ever to hit the UK, with the vast majority of the financial impact being due to the loss of manufacturing output at JLR and its suppliers, the report said. It noted how the lion's share of the costs hailed from the need to halt production, and warned that companies should pay more attention to operational security and to compartmentalizing so that IT weaknesses are less liable to lead to real world disruptions."
"The apparent hack led to production being halted at JLR's two UK factories and its engine manufacturing site in Wolverhampton, facilities that usually combine to produce 1,000 new vehicles a day. Many of the Tata-owned company's 33,000 employees were told to stay at home during the shutdown. Production restarted earlier in October. Suppliers were also hit particularly hard, with some small companies almost entirely dependent on JLR as a customer for cashflow."
A hack of Jaguar Land Rover shut down several production facilities for weeks, costing the UK economy an estimated £1.9 billion and affecting more than 5,000 organizations. The majority of the financial impact came from lost manufacturing output at JLR and across its supply chain. Production at two UK factories and an engine plant in Wolverhampton halted, stopping around 1,000 new vehicles per day. Many of the company's 33,000 employees were told to stay home during the shutdown, while suppliers—some almost wholly dependent on JLR—faced severe cashflow stress. A £1.5 billion government loan guarantee focused on protecting suppliers. Officials suggested possible involvement by hostile states like Russia.
Read at www.dw.com
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