Jaguar Land Rover (JLR)

Jaguar Land Rover (JLR)

Jaguar Land Rover (JLR) suffered a **late-summer cyberattack** that severely disrupted automotive production for weeks, forcing a phased restart in early October. The attack occurred in **September 2023**, a critical month marking the start of the **2026 Range Rover model year** and the U.K.’s new vehicle registration plate period. Revenue plummeted **24% year-over-year** to **$6.45 billion**, with wholesale units dropping **24%** due to halted operations. The incident crippled JLR’s **supply chain**, impacting **~5,000 organizations** and prompting a **$659 million emergency financing** package for suppliers. The British economy lost an estimated **$2.5 billion**, leading U.K. officials to intervene with a stabilization loan.The attack, suspected to be a **social engineering breach** by a threat group linked to the **April 2023 Marks & Spencer hack**, caused **$313 million in exceptional costs**, including recovery expenses and a voluntary cost-cutting program. JLR reported a **$638 million pre-tax loss** and a **$735 million net loss** for the quarter. Production shutdowns, delayed model launches, and supply chain chaos underscored the attack’s **operational and financial devastation**, with Moody’s warning of escalating **third-party cyber risks** in Europe’s interconnected manufacturing networks.

Source: https://www.cybersecuritydive.com/news/jaguar-land-rover-reports-major-earnings-impact-from-cyberattack/805757/

JLR cybersecurity rating report: https://www.rankiteo.com/company/jaguar-land-rover_1

"id": "JAG0092700111825",
"linkid": "jaguar-land-rover_1",
"type": "Cyber Attack",
"date": "4/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'industry': 'Automotive',
                        'location': 'United Kingdom',
                        'name': 'Jaguar Land Rover (JLR)',
                        'size': 'Large (largest UK automaker)',
                        'type': 'Automaker'},
                       {'industry': ['Automotive',
                                     'Manufacturing',
                                     'Logistics'],
                        'location': 'Multiple countries (Europe-focused)',
                        'name': '5,000+ supplier organizations',
                        'type': 'Supply Chain Partners'}],
 'attack_vector': 'Social Engineering',
 'date_detected': '2023-09',
 'date_publicly_disclosed': '2023-10-27',
 'date_resolved': '2023-10-01',
 'description': 'Jaguar Land Rover (JLR) experienced a cyberattack in late '
                'summer (September 2023) that disrupted automotive production '
                'for weeks, leading to a 24% revenue drop in Q2 FY2024. The '
                'attack, suspected to be a social engineering incident, was '
                'claimed by the same threat group linked to the April 2023 '
                'attack on Marks & Spencer. It forced JLR to halt systems '
                'during a critical production month, impacting 5,000+ '
                'organizations in its supply chain. The company reported a '
                'pre-tax loss of $638M, with exceptional costs of $313M tied '
                'to the attack. The British economy lost ~$2.5B, prompting UK '
                'officials to back a $659M loan package to stabilize '
                'suppliers. JLR prioritized phased recovery, resuming '
                'operations in early October.',
 'impact': {'brand_reputation_impact': 'Significant (highlighted risks in '
                                       'European supply chains per Moody’s '
                                       'report)',
            'downtime': 'Weeks (September to early October 2023)',
            'financial_loss': '$735M (post-tax loss for Q2)',
            'operational_impact': 'Production halt for weeks, 24% drop in '
                                  'wholesale units, 24% revenue decline in Q2',
            'revenue_loss': '$6.45B (Q2 revenue, down 24% YoY)',
            'systems_affected': ['Production systems',
                                 'Supply chain networks']},
 'initial_access_broker': {'entry_point': 'Suspected social engineering',
                           'high_value_targets': ['Production systems',
                                                  'Supply chain data']},
 'investigation_status': 'Ongoing (threat actor linked to prior attacks but '
                         'not fully identified)',
 'lessons_learned': ['Need for better third-party risk monitoring in supply '
                     'chains (per Moody’s report)',
                     'Importance of limiting information sharing with '
                     'suppliers',
                     'Ranking suppliers by cyber risk exposure'],
 'post_incident_analysis': {'corrective_actions': ['Phased recovery protocol',
                                                   'Supplier financing support',
                                                   'Risk ranking for suppliers '
                                                   '(per Moody’s)'],
                            'root_causes': ['Social engineering vulnerability',
                                            'Supply chain interconnectedness',
                                            'Timing during high-volume '
                                            'production month']},
 'recommendations': ['Enhance supply chain cybersecurity resilience',
                     'Implement stricter access controls and supplier vetting',
                     'Develop contingency plans for critical production '
                     'periods'],
 'references': [{'source': 'Jaguar Land Rover Q2 Earnings Call (2023-10-27)'},
                {'source': 'Cyber Monitoring Center Report'},
                {'source': 'Moody’s Report on European Supply Chain Risks '
                           '(2023-10-30)'}],
 'response': {'communication_strategy': ['Earnings call disclosure '
                                         '(2023-10-27)',
                                         'Public statements'],
              'containment_measures': ['System shutdown', 'Phased restart'],
              'incident_response_plan_activated': 'Yes (phased recovery '
                                                  'prioritizing clients, '
                                                  'retailers, and suppliers)',
              'recovery_measures': ['Financing solution for suppliers',
                                    'Calibrated operational resumption'],
              'third_party_assistance': 'Yes (UK government-backed $659M loan '
                                        'package for suppliers)'},
 'stakeholder_advisories': ['UK government loan package for suppliers',
                            'Moody’s risk assessment for European '
                            'manufacturers'],
 'threat_actor': 'Threat group linked to the April 2023 Marks & Spencer attack',
 'title': 'Cyberattack on Jaguar Land Rover Disrupts Production and Supply '
          'Chain',
 'type': ['Cyberattack', 'Supply Chain Disruption', 'Social Engineering']}
Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.