Jaguar Land Rover is idle for the third week due to a cyberattack: losses of hundreds of millions
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The British automaker Jaguar Land Rover (JLR), owned by the Indian Tata group, has been unable to resume operations for three weeks after a large-scale cyberattack. About writes The Guardian.

Due to a cyberattack on September 1, the company suspended production at its plants in the UK, Slovakia, Brazil, and India. Only a joint venture in China is currently operating.

It is estimated that the company's losses could reach hundreds of millions of pounds. Suppliers are also sounding the alarm over the threat of bankruptcy.

Jim Williamson of the CreditSights analytical agency estimates that Jaguar Land Rover could "burn" almost 900 million pounds in September due to downtime. The company is now trying to provide customers with spare parts and fulfill orders that have already been paid for.

JLR has £6 billion in cash, so according to analysts, the company has enough resources to cope with the crisis without Tata's help.

The cyberattack also posed a challenge to Tata Consultancy Services (TCS), a subsidiary of Tata, to which JLR outsourced its IT systems and cybersecurity under an 800 million pound contract in 2023.

It was because of the "fully connected" factory systems that the manufacturer was unable to localize the problem and was forced to shut down almost all processes.

Suspicions of involvement in the attack have not yet been confirmed, but the media have linked the incident to the Scattered Spider hacker group, which previously attacked British retailers M&S and Co-op.

JLR CEO Adrian Mardell, who had planned to resign in the coming months, is now forced to save the company. His "Reimagine" strategy has brought JLR 11 consecutive quarters of profit, but now the implementation of new models, including the electric Range Rover, may be postponed.

The exact timeframe for the resumption of operations at the plants remains unknown. Suppliers say it will take weeks, and possibly months.