Cybercrime is afflicting big business. How to lessen the pain

MORE THAN a month for Jaguar Land Rover (JLR), an Indian-owned carmaker. A week for Asahi, a Japanese brewing giant. Six weeks for Marks and Spencer (m&s), a British retailer. That is how long each of those firms has needed to recover after being hacked. For JLR, the disruption has extended far beyond the firm. Last month the government in Britain, where it is based, said it would underwrite a £1.5bn ($2bn) loan in an attempt to keep the carmaker’s suppliers afloat.

Last month the government in Britain in which the company is based said….

giant:
a very large and powerful organization 大公司;强大的组织
the multinational oil giants
跨国大石油公司

firm:
a business or company 商行;商号;公司
an engineering firm
工程公司
a firm of accountants
会计师事务所

base:
(一般作be based)situate at a specified place as the centre of operations将…的活动中心(或总部)设在某地:
the Science Policy Review Unit is based at the University of Sussex科学策略审核单位的活动中心设在苏塞克斯大学
as adj., in combination based
a London-based band.一支常驻伦敦的乐队。

Cybercrime has long been dominated by thieves who set out to steal information for profit. Now they’re being joined by thugs, who aim to use the threat of damage to a firm’s operations to extort higher payments.

Cryptocurrency has enabled ransomware, an attack in which hackers seize and encrypt vital data, then promise to unscramble it after a ransom is paid. (Sometimes they even keep their word.) As long as criminals focus attacks on firms in the West, countries such as China and Russia, in which many hacking gangs are based, see little need to crack down.