'Ransomware Attack Causes Nationwide Disruption to Car Dealerships Through July'
Money | June 28, 2024, 3:34 p.m.
Cybercriminals launched back-to-back ransomware attacks on car dealership software provider CDK Global, causing widespread disruption to car dealerships across the U.S. The attacks forced CDK to shut down its systems twice, leaving dealerships to resort to paper and pens for many computerized functions. The impact extended beyond CDK, affecting thousands of customers and potential car buyers. The attacks revealed vulnerabilities in CDK's systems, prompting dealerships to find alternative ways to conduct business. The ransomware attacks highlight the need for heightened cybersecurity measures, including regular backups, software updates, strong authentication, and incident response planning. The incident serves as a reminder of the far-reaching consequences of cyberattacks and the importance of cybersecurity for businesses and individuals in an increasingly digital world. The role of government and regulatory bodies in supporting businesses affected by ransomware attacks is also brought into focus.