Software Company Cyberattack Causes Disruption at Numerous Car Dealerships
Money | June 24, 2024, 9:23 p.m.
Chris Krebs, former director of the U.S. Cybersecurity and Infrastructure Security Agency, helps shed light on the recent ransomware attack on CDK Global. This attack is part of a larger trend of Eastern European and Russian criminal gangs targeting U.S. businesses. CDK was hit with a second attack after attempting to restore operations, a common tactic used by ransomware operators. Krebs stresses the importance of containing the attack and securing operations to protect both the company and its customers. With little information available about the hackers, their demands, and when CDK's system will return to normal, Krebs' expertise offers valuable insight into the situation. As ransomware attacks continue to rise, understanding the tactics and strategies used by cybercriminals like those targeting CDK is crucial for businesses seeking to protect themselves from such threats.