Jaguar Land Rover’s Cyber Shutdown: A Four-Week Comedy of Errors and Financial Woes
Jaguar Land Rover’s cyber woes have extended their global shutdown to nearly four weeks. As production stalls until September 24, suppliers face financial hurdles. With estimated losses reaching £240 million, it’s clear cybercrooks have shifted gears at JLR, leaving the carmaker and its supply chain spinning their wheels.
Hot Take:
Looks like Jaguar Land Rover’s global operations have hit the brakes harder than a teenager learning to drive stick for the first time. This cyber incident is dragging on longer than a tax audit, and it seems like the only thing running smoothly is the panic level among suppliers and employees. Someone call James Bond; we need a hero with a license to ‘fix it’!
Key Points:
– JLR’s global operations have been suspended for nearly four weeks due to a cyber incident.
– The shutdown has affected JLR sites and suppliers worldwide, resulting in temporary layoffs.
– Unions are urging for a COVID-style furlough scheme to support affected workers.
– Estimated revenue losses could be up to £240 million ($327 million) since the shutdown.
– The cyber attack was claimed by Scattered Lapsus$ Hunters, linked to previous high-profile attacks.