Story perspectives
Fancy Bear Attack Costs JLR $2.5B, Triggers $2B UK Loan
6/27/2026
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Story summary
- The August 2025 cyberattack on Jaguar Land Rover wiped $2.5 billion from the UK economy, the costliest cyber incident.
- Russian hackers infiltrated JLR’s networks, using ransomware that locked servers without demanding money and halting production for five weeks.
- Defense Secretary Dan Jarvis warned states now target economies and secured a $2 billion loan to support JLR’s supply chain.
- The National Cyber Security Centre attributed the breach to the Russian military-intelligence group Fancy Bear (APT28).
