Cybercriminals just moved UK GDP.
Not via financial fraud, but by shutting factories.
The JLR cyberattack helped drive a 28.6% monthly collapse in motor output in September. The always-illuminating Ed Conway at Sky News spotted something really interesting in the just-released Office for National Statistics data: without that hit, GDP would likely have been positive rather than -0.1%.
A targeted breach closed plants, choked a key supply chain and nudged the national accounts below zero.
In the Exponential Age, code can shutter factories and bend GDP.
