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Did Jaguar Land Rover’s cyber insurance gap help pave the way to 4,000 job losses?

At a glance

  • Up to 4,000 jobs to go over two years, part of a £1.7bn cost-cutting plan
  • JLR’s booked cyber costs so far: roughly £260m
  • Government loan guarantee to keep suppliers afloat: £1.5bn
  • Cyber insurance in place at the time of the attack: none

A year of red ink, largely uninsured

JLR has booked the cyber costs itself, quarter by quarter. £196 million of exceptional costs appeared in its results for the quarter to September 2025, followed by another £64 million the quarter after. By February 2026, the running total for the incident had reached close to £260 million, on top of a separate £42 million bill for voluntary redundancies. None of the £260 million has come back through an insurer, because there wasn’t one on the hook.

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