Currently reading: JLR loses half a billion after crippling cyber attack

British manufacturer lost £547m in the last quarter, of which £196m was a direct result of the hack

JLR lost more than half a billion pounds in the three months to 30 September, as the devastating effects of a cyber attack weighed heavily on its financial performance.

The attack halted production across JLR’s plants for five weeks from 2 September, and the resulting loss of revenue ended a run of 11 straight profitable quarters for the company.

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