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Category: dealerships

  • CDK to pay tens of millions to hackers who crippled car dealerships

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    Investor Empires

    A group claiming to have hacked CDK Global, a software provider for thousands of North American car dealerships, has demanded tens of millions of dollars in ransom, according to a person familiar with the matter. CDK plans to repay the amount, said the person, who asked to remain anonymous because…

  • CDK to pay tens of millions to hackers who crippled car dealerships

    •

    Investor Empires

    A group claiming to have hacked CDK Global, a software provider for thousands of North American car dealerships, has demanded tens of millions of dollars in ransom, according to a person familiar with the matter. CDK plans to repay the amount, said the person, who asked to remain anonymous because…

  • Thousands of car dealerships in limbo during peak-buying season after second cyberattack wallops industry

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    Investor Empires

    Auto retailers across the United States will likely be out of service for several days following the second major cyberattack on CDK Global, the software provider that thousands of dealers rely on to run their stores. “At this time, we do not have an estimated time frame for resolution, so…