Jaguar Land Rover's cyber bailout sets worrying precedent, watchdog warns
ID: 0cdc488c-c561-5d83-b1e2-8e20b878d27a
STIX ID: report--0cdc488c-c561-5d83-b1e2-8e20b878d27a
Feed Name: The Register (Security)
Threat Score
*The UK's Cyber Monitoring Centre warned that the government's £1.5 billion loan guarantee to Jaguar Land Rover after a cyberattack risks creating a dangerous precedent; the CMC estimates the JLR incident cost up to £1.9 billion and highlighted a large cyber insurance protection gap, prompting calls for a clearer national framework and consideration of measures such as mandatory insurance, tax incentives, or a government safety net.*
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