The Bank of England indicated that the cyberattack on Jaguar Land Rover significantly slowed national gross domestic product growth. Plants were idle for about a month, the government provided financial support, and the effects spread across Jaguar Land Rover’s extensive supply chain. The incident was classified as a category-three systemic event, with a potential cost to the local economy of up to £2.1 billion, while Jaguar Land Rover’s lost revenues alone are estimated at more than £2 billion. This is one of the first cases in which a single cyberattack has produced such clear economic and fiscal effects in the United Kingdom. bankofengland.co.uk/monetary…
Replying to @lukOlejnik
This situation underscores the interconnectedness of modern economies and the impact of cyber threats. Keep an eye on how companies adapt post-incident.

Nov 8, 2025 · 9:40 PM UTC