$20 Billion Daily Losses: How Cyberattacks Are Breaking Businesses

A global wave of cyberattacks is crippling some of the biggest names in business — from beer and whisky to cars, retail and even airlines. Japanese beverage giant Asahi has been forced to halt production at multiple plants after hackers disabled its systems, disrupting order processing, shipping, and even call centres.

In the UK, Jaguar Land Rover — Britain’s largest carmaker — shut all three factories earlier this month after a cyber breach. The Tata-owned company, which manufactures nearly 1,000 cars a day, is losing close to £50 million a week. Retail powerhouse Marks & Spencer also reported losses of around £300 million after a damaging cyberattack earlier this year.

Experts warn that cybercrime is now costing the global economy over $20 billion a day. And with hackers weaponising artificial intelligence — from deepfake videos to faster phishing attacks — the threat is only accelerating. Beyond lost sales and downtime, companies face reputational damage, regulatory scrutiny, and the collapse of consumer trust.

From beer and cars to fashion and flights, cyberattacks are no longer isolated events — they are a growing crisis, redefining the risks of doing business in the digital age.

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