Thomas Murray releases report on cyber risk in financial infrastructure By Investing.com

Thomas Murray published its report “Beneath the Asset: Cyber Risk and the Infrastructure Institutions Depend On,” the second installment in its Beneath the Asset series, focusing on cyber risk across financial infrastructure. In a press release, the firm said it analyzed how vulnerabilities in infrastructure translate into losses for institutional assets. It cited 2025 and 2026 incidents, including a ransomware attack on Jaguar Land Rover that it modeled at £1.9 billion in UK economic loss and a Marks & Spencer breach that led to about £300 million in lost profit. Thomas Murray said in both cases the “point of failure” was a third party, not the target’s own systems.