Europe airports cyberattack: Man in 40s arrested in UK
Digest more
Jaguar Land Rover, IT Systems and Cyberattack
Digest more
In one of the most recent attacks, hackers hijacked Wi-Fi routers to attempt to overload the servers of Moldova’s Central Electoral Commission, the country’s police chief Viorel Cernăuțeanu told local media on Wednesday, in what is known as a distributed denial-of-service attack.
A persistent wave of cyberattacks is crippling some of Britain's major businesses, with experts describing the phenomenon as an “epidemic.”The crisis has escalated with Jaguar Land
Jaguar Land Rover, which is owned by India's Tata Motors, failed to finalize a cyber insurance deal brokered by insurance provider Lockton before the attack, according to Reuters. If this is the case, JLR could lack direct coverage for an incident that could cost it billions.
British supermarket chain Co-op said it’s facing a £120 million ($162 million) hit to operating profit this fiscal year from a cyberattack in April that forced it to temporarily shut down a number of critical systems.
Britain’s vehicle production dropped 18.2% in August to 38,693 units, industry data showed on Thursday, with attention now on how a cyberattack that has shut Jaguar Land Rover’s plants will hit September production.
A cyberattack against two major Las Vegas casino operators, in which a teenage boy is accused of helping carry out, caused millions of dollars in damage, authorities said.
Tata Motors shares fell 4% amid reports that Jaguar Land Rover faces £2 billion losses from a cyberattack, disrupting operations and leading to weekly losses of £50 million. The company had not secured cyber insurance and plays a crucial role in Tata's revenue.
RTX subsidiary Collins Aerospace is still working on restoring its onsite passenger processing software for airlines impacted by a cyber intrusion, the company said on Wednesday.