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Cdk

All articles tagged with #cdk

"CDK Cyberattack Costs AutoNation and Car Dealers Over $1 Billion"

Originally Published 1 year ago — by Quartz

CDK, a company managing financial transactions for 15,000 U.S. car dealers, paid a $25 million ransom in Bitcoin to end a two-week cyberattack by the BlackSuit ransomware group. The attack severely disrupted car sales and forced dealers to revert to manual processes.

business cybersecurity bitcoin car-dealerships cdk cyberattack cybersecurity ransomware

CDK Cyberattack Costs Auto Dealers Over $1 Billion, Hurts Earnings

Originally Published 1 year ago — by Jalopnik

CDK Global, a company managing financial transactions for 15,000 U.S. car dealers, paid a $25 million ransom in bitcoin to end a two-week cyberattack by the BlackSuit ransomware group. The attack forced dealers to revert to manual processes, likely impacting June vehicle sales. CDK has not commented on the incident.

business cybersecurity bitcoin car-dealers cdk cyberattack cybersecurity ransomware