Jaguar Land Rover suffers mounting losses after cyber attack with no insurance cover [Yahoo! Finance]
MARKS & SPENCER GRP S/ADR (MAKSY)
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Source: Yahoo! Finance
Jaguar Land Rover cyberattack rumbles on, with factories closed and supply chain disrupted UK Government exploring ways to support JLR suppliers facing severe financial strain Lack of cyber insurance leaves JLR exposed to billions in potential losses Jaguar Land Rover could be facing the full financial impact of its recent cyberattack after reportedly failing to secure cyber insurance before the incident struck. The attack, which came to light on September 2025, forced the carmaker to shut down its IT networks and halt production at its three UK factories. The disruption is believed to be costing the company at least £50m in lost production every week, with estimates suggesting losses could run into billions if production does not resume until November 2025. Cyber insurance discussions A source has now told The Financial Times JLR, which is owned by India's Tata Motors, was still in talks with broker Lockton about cyber insurance when the attack happened. However, a s
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