Cyberattack costs Jaguar Land Rover $220 million

U.K.-based Jaguar Land Rover Ltd. reported that a recent cyberattack cost the firm 196 million British pounds ($220 million) in the quarter ended Sept. 30, BleepingComputer reported. The Sept. 2 cyberattack forced the British carmaker to shut down production at major plants for weeks and caused severe liquidity issues for some of its suppliers, subsequently contributing to the U.K.’s weaker-than-expected gross domestic product for the quarter.