Jaguar Land Rover hack cost India’s Tata Motors around $2.4 billion and counting
Summary
Tata Motors — owner of Jaguar Land Rover (JLR) — has revealed the cyberattack that shut JLR production in the UK has so far cost the group about £1.8bn (roughly $2.35bn). The company reported exceptional costs of £196m for the quarter ending 30 September and a year‑on‑year revenue drop from £6.5bn to £4.9bn, although growth in India helped offset worse results.
The piece also bundles a handful of Asia tech briefs: Ola Electric denies stealing LG battery IP, Indonesia mulls a GoTo‑Grab tie‑up, NTT demos room‑scale active noise cancellation, Groq opens an APAC presence in Sydney, KT faces SMS encryption shortcomings, Just Eat Takeaway withdraws from Australia, and The Wiggles apologise over unsafe battery labelling.
Key Points
- Tata Motors says the JLR cyberattack has cost about £1.8bn so far (≈$2.35bn).
- The company recorded £196m in exceptional costs directly tied to the incident for the quarter to 30 September.
- Group revenue fell from £6.5bn to £4.9bn year‑on‑year; stronger sales in India limited the damage to results.
- The attack shut production in the UK — showing how operational tech disruptions cascade into major financial hits.
- Regional roundup items highlight broader tech and security issues across APAC, from battery tech disputes to telco encryption failures.
Context and relevance
This is a clear example of how a single cyber incident can inflict multi‑billion‑pound damage on an industrial group: production downtime, direct remediation costs and lost sales all stack up quickly. For execs, CISOs and investors, the story underlines why manufacturing and automotive firms must prioritise resilience, incident response and supply‑chain cyber hygiene.
It also feeds into larger trends: rising attacks on critical industrial and manufacturing targets, the financial consequences for global supply chains, and heightened scrutiny from regulators and insurers as costs continue to climb.
Why should I read this?
Quick and blunt — if you care about cyber risk, manufacturing or company results, this one matters. A hack that halts factories didn’t just cost a slug of cash; it dented revenue and shows how fragile operations still are. Read it if you want a neat, real‑world reminder that cyber incidents now hit balance sheets in a big way.
Source
Source: https://go.theregister.com/feed/www.theregister.com/2025/11/17/asia_tech_news_roundup/
