Tata Motors has addressed concerns regarding a potential £2 billion cyberattack bill at Jaguar Land Rover (JLR). The company clarified that it has received an official statement from JLR regarding an IT security incident. JLR is actively working to restore operations and has informed stakeholders that sections of its digital estate are now operational. The foundational work of their recovery program is well underway.
JLR Cyber Incident: Key Updates
Tata Motors has issued a clarification regarding the IT security incident at Jaguar Land Rover (JLR), a material subsidiary. This follows reports suggesting a potential £2 billion cyberattack bill, which raised concerns given that it could surpass JLR’s FY25 profit.
Operational Status and Recovery
JLR has confirmed that significant progress has been made in restoring operations. As part of a controlled, phased restart, JLR has informed colleagues, suppliers, and retail partners that sections of its digital estate are now up and running. The recovery programme is advancing steadily.
Key Areas of Progress
Several critical functions have been restored or enhanced:
- Invoicing: IT processing capacity for invoicing has significantly increased, with efforts underway to clear the backlog of payments to suppliers.
- Global Parts Logistics Centre: The center, which supports parts distribution for retailer partners globally, is returning to full operations, ensuring continued service for clients’ vehicles.
- Vehicle Wholesales: The financial system for processing vehicle wholesales is back online, enabling faster sales and registration of vehicles.
Ongoing Efforts
Dedicated teams are working with cybersecurity specialists, the UK Government’s NCSC, and law enforcement to ensure a safe and secure restart. The focus remains on supporting customers, suppliers, colleagues, and retailers during this period.
Source: BSE