JLR Needed A $2 Billion Loan To Get Through Cyberattack

Share
Range Rover Sport SV Carbon_Rear_Crop_16x9_8K_SH009_PR

by Ty Duffy 

At the beginning of September, we received news that Jaguar Land Rover had fallen victim to a massive cyberattack. That situation remains ongoing. An initial pause in operations escalated into a full-blown crisis that has persisted for several weeks. JLR had to shut down production at all its global plants, as well as its financial system for processing vehicle sales and its invoicing system for supplier payments.

Read the full article on CarBuzz

This article originally appeared on CarBuzz and is republished here with permission.
 

 

Story Continues
Share
Autos