What's Happening?
Tata Consultancy Services (TCS), an Indian IT company, is under scrutiny by the UK Business and Trade Committee following a cyber attack on Jaguar Land Rover (JLR), a Tata group company. The committee has requested TCS to provide details about its role and services to JLR, as well as its involvement in previous cyber incidents at M&S and Co-op. The inquiry seeks to understand TCS's cybersecurity measures and its response to the attacks, which have disrupted JLR's production since August 31.
Why It's Important?
The inquiry highlights the critical role of IT service providers in safeguarding against cyber threats, especially for companies considered part of the Critical National Infrastructure. The outcome could influence cybersecurity policies and practices across industries, emphasizing the need for robust security measures. TCS's response and the committee's findings may impact its reputation and future business operations, particularly in the UK market.
What's Next?
TCS is expected to respond to the committee's inquiries by September 29. The findings could lead to recommendations for improved cybersecurity practices and potentially influence regulatory changes. Other companies in similar partnerships may also review their cybersecurity strategies to prevent similar incidents.