Jaguar Land Rover In 'Phased Restart' After Cyberattack [Barron's]
MARKS & SPENCER GRP S/ADR (MAKSY)
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Source: Barrons
The attack, the latest to target luxury brands and retailers, has severely disrupted sales and production at the firm owned by India's Tata Motors. Advertisement - Scroll to Continue The carmaker announced that it had been targeted on September 2, forcing it to suspend production at its UK factories. But parts of its IT systems were now back as part of a "controlled, phased restart of our operations", it said in a statement. "Today we have informed colleagues, suppliers and retail partners that sections of our digital estate are now up and running," it said. "The foundational work of our recovery programme is firmly under way," it added. Advertisement - Scroll to Continue Unions have warned that firms in the supply chain could collapse due to the disruption. JLR said the partial systems restart had allowed it to begin work to clear the backlog of payments to suppliers. Its global parts logistics centre, which supplies spare parts that are used to service its custome
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