Jaguar Land Rover's $2.3B Cyber Attack Loss
Update: 2025-11-14
Description
Jaguar Land Rover (JLR) suffered a significant sales drop of £1.5 billion following a major cyber attack, leading to a £485 million loss in the third quarter. The attack, which occurred in late August, resulted in a five-week production halt, causing widespread disruption and earning it the title of the most expensive cyber attack in UK history. The company also incurred additional costs of £196 million and £42 million for voluntary redundancies. The full economic impact of the attack is estimated to be a £1.9 billion blow to the UK economy.
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