Written Question·Treasury·UIN 102698

Cybercrime: Costs

Tabled: 2 January 2026

Answered: 8 January 2026

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, what recent estimate her Department has made of the cost of cyber attacks to the economy.

Answer

Lucy Rigby

An increasingly hostile cyber threat poses a risk to the UK economy and public finances. According to the Office for National Statistics, the decline in the manufacture of motor vehicles, observed in the wake of the cyber attack on Jaguar Land Rover, redu...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 102698) →