- Zacks
CDK Cyberattack Throws Auto Retailers Into Operational Chaos
CDK cyberattack results in operational chaos in the auto retail industry, forcing dealerships into manual mode and sparking industry-wide cybersecurity reassessments.
- Bloomberg
CDK Hackers Want Millions in Ransom to End Car Dealership Outage
(Bloomberg) -- A group that claims to have hacked CDK Global, the software provider to thousands of car dealerships in North America, has demanded tens of millions of dollars in ransom, according to a person familiar with the matter.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian to Form EV Venture With $5 Billion From VolkswagenPaul
- Reuters
Group claiming CDK systems hack demands millions of dollars, Bloomberg News reports
The auto retail technology and software provider planned to pay the ransom, Bloomberg News reported. CDK has said it experienced a cyber incident on Wednesday. Although it did not directly comment on the Bloomberg report, the company in an emailed statement on Saturday said it launched an investigation by experts, notified law enforcement and has begun the restoration process.
