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The Jaguar Land Rover hack: stalled factories, outsourced cybersecurity
- swarnie 1y agoThe unions calling for Covid ear support are hilarious when the business has billions in cash on hand. If they want to maintain their supply chain / operations its time to pay up. Remember when bad businesses could make crappy decisions are just go under? No me neither.
- steve_gh 1y agoThere are estimated to be ~100k people employed in the JLR supply chain, mainly in the West Midlands with another ~60k jobs directly dependent on supply chain worker spending (source: https://www.bbc.co.uk/news/articles/cn82edrrknjo https://www.bbc.co.uk/news/articles/cn82edrrknjo). Many of the companies in the supply chain are heavily dependant on their JLR contracts. The UK Govt is looking at various options to ensure the supply chain don't go bankrupt because JLR have suddenly stopped buying. UK Givt is looking at how to support the Tier 1 supply chain, including options such as purchase of JLR parts to keep the factories working, and direct loans to the supply chain to keep their cashflow going. From a strategic perspective, there is no way that any UK Govt could allow that sort of gutting of its manufacturing capabilities, especially given the current hybrid war with Russia.
- pjc50 1y agoPossibly, but it remains the case that Tata should pay for it. Perhaps a ban on issuance of dividends or stock buybacks until the support is repaid? And that needs to apply across the Tata group to avoid it being simply reshuffled.
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- kentrado 1y agoYou are conflating JLR and the suppliers. They are different businesses. JLR has enough money and will be fine. That's not the issue. The unions are talking about the small businesses down the chain.
- lifestyleguru 1y agoWhen you want security, but also want cheap security, and also want someone else to be responsible for it. Basically you only want the side of running business where you spend all the time on private yacht.
- tonyedgecombe 1y agoThey outsourced their IT systems to Tata, the company that owns them.
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- lifestyleguru 1y agoSo all my three points are valid.
- yahoozoo 1y agoLooked up their parent company, Tata. Instantly explained everything I needed to know as to why JLR got hacked.