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🚨 CDK Global Cyberattack: Impact and Lessons Learned 🚨 The recent cyberattack on CDK Global has sent shockwaves through the automotive industry, affecting 15,000 car dealerships across the U.S. and resulting in nearly $1 billion in financial losses. As dealerships scramble to restore operations, this incident highlights the critical need for robust cybersecurity measures. 🛡️ Key Takeaways: -Immediate Fallout: Disrupted sales, inventory management, and customer relations. -Financial Impact: $944 million in losses over three weeks, with June car sales down by 7%. -Restoration Efforts: Phased restoration in progress, with extended customer service hours. -Cyber Threats: Attack by BlackSuit, a Russia-linked group, underscores the vulnerability of dealerships. -Proactive Measures: Regular penetration testing, multifactor authentication (MFA), and frequent password updates are essential. 🔒 Protect Your Business: This attack is a stark reminder of the importance of cybersecurity. At Maverick Networks, we help businesses stay ahead of cyber threats with comprehensive security solutions. 📞 Contact Us: Don't wait until it's too late. Reach out to us at 866-482-3200 to safeguard your business. #Cybersecurity #CDKGlobal #DataBreach #CyberAttack #Ransomware #DataProtection

CDK Global, a key software provider to 15,000 North American car dealerships, is working to recover from two recent cyberattacks. The attacks have caused widespread disruptions, affecting major dealerships like Group 1, Sonic, and Penske Automotive. While CDK has started the restoration process, a full recovery timeline is not yet confirmed. The ransomware attacks have led to operational halts and potential data breaches. At Enterprise Defence, we emphasise the importance of robust cybersecurity to protect business operations and customer data. Stay vigilant. Prioritise cybersecurity. #EnterpriseDefence #CyberSecurity #CDKGlobal #Ransomware #AutomotiveIndustry #DataProtection #CyberAttack

In June 2024, a ransomware attack disrupted thousands of U.S. auto dealerships, with CDK Global facing a 30-day outage and severe financial losses. This highlights the urgent need for stronger cybersecurity in the auto industry. 🔒 Is your dealership prepared for such threats? Review your cybersecurity strategy now. #CyberSecurity #AutoIndustry #Ransomware #CDKGlobal #BusinessContinuity #ITSecurity #Resilience #SoftwareSecurity #DigitalRisk #TechNews

Breach De Jour - Volkswagen Group Volkswagen has confirmed it is aware of a recent cyberattack claimed by the 8Base ransomware group, which allegedly stole sensitive data such as invoices, receipts, personal data, certificates, and employment contracts. Volkswagen’s spokesperson stated that the company's IT infrastructure remains unaffected and they are closely monitoring the situation. The ransomware gang 8Base, active since early 2023, has listed over 400 victims on its leak site, though the stolen Volkswagen data has not yet been made public. This attack follows earlier reports of Chinese state-sponsored hackers targeting Volkswagen systems between 2011 and 2014. To defend against similar ransomware attacks, organizations should implement a robust cybersecurity strategy that includes network segmentation, regular data backups, and multi-factor authentication (MFA) across all critical systems. Employing endpoint detection and response (EDR) solutions and conducting regular employee phishing training can help prevent initial access. Additionally, companies should ensure swift incident response measures are in place to contain breaches before attackers can deploy ransomware or steal critical data. #cybersecurity #ransomware #volkswagengroup #8baseransomware #infosec #incidentresponse #dataprotection #threatintel #networksecurity #endpointsecurity #databreach

🚗🔒 In the wake of the recent cyberattack on CDK Global, automotive dealerships across North America are grappling with significant disruptions. CDK Global, a vital software provider for over 15,000 auto dealers, is facing a $10 million ransom demand from the BlackSuit hacker group. This incident highlights the critical need for robust cybersecurity measures in the automotive industry. As dealerships continue to navigate these challenges, it's essential to strengthen security protocols and ensure comprehensive protection against such threats. CyberCrunch is here to support auto dealerships with end-of-life electronics management, helping to secure and sustainably dispose of obsolete IT assets. Let's discuss how we can better protect our systems and data. How are you enhancing your cybersecurity defenses? #CyberSecurity #AutoDealers #Ransomware #CDKGlobal #BlackSuit #DataProtection #CyberCrunch

In June 2024, a major cyberattack hit the auto dealership industry, disrupting thousands of U.S. dealerships. CDK Global faced a ransomware attack that initially caused a 24-hour outage, impacting sales, financing, and payroll. A second, more severe attack followed, leading to a 30-day outage and significant financial losses. This incident underscores the urgent need for stronger cybersecurity in the auto dealership sector. 🔒 Is your business prepared for such threats? Have you reviewed your cybersecurity strategy? #CyberSecurity #AutoIndustry #Ransomware #CDKGlobal #Dealership #BusinessContinuity #ITSecurity #Resilience #SoftwareSecurity #DigitalRisk #TechNews

⚠️ Cyberattack Alert: Major Disruption Across Auto Dealerships The recent cyberattack on CDK Global has severely impacted about 15,000! car dealerships, causing widespread operational halts 🚗💻. CDK's systems manage critical dealership functions, from sales to payroll. Despite swift efforts to recover, a subsequent attack led to further downtime. This breach is a stark reminder of our digital vulnerabilities and the evolving sophistication of cyber threats. It's crucial for businesses to bolster cybersecurity measures and develop robust contingency plans 🛡️🔄. Let's prioritize security and resilience in our digital infrastructure. Stay safe, stay informed! #Cybersecurity #BusinessContinuity #CDKGlobal

Auto Dealers & Manufacturers—Don’t Let Cyber Threats Derail Your Business! Whether you're moving cars off the lot or producing goods on the factory floor, reliance on digital tools is growing—and so are cybersecurity risks. Protecting business and customer data isn’t just a "nice-to-have"—it’s a must-have. What can you do to stay ahead of these threats? LBMC's cybersecurity experts can help safeguard your operations and ensure compliance. Watch our latest webinar >> https://lnkd.in/emqV24uc #Cybersecurity #Manufacturing #AutoDealership #DataSecurity #FTCCompliance #DigitalTransformation

Auto Dealers & Manufacturers—Don’t Let Cyber Threats Derail Your Business! Whether you're moving cars off the lot or producing goods on the factory floor, reliance on digital tools is growing—and so are cybersecurity risks. Protecting business and customer data isn’t just a "nice-to-have"—it’s a must-have. What can you do to stay ahead of these threats? LBMC's cybersecurity experts can help safeguard your operations and ensure compliance. Watch our latest webinar >> https://lnkd.in/e8cMegHD #Cybersecurity #Manufacturing #AutoDealership #DataSecurity #FTCCompliance #DigitalTransformation

Auto Dealers & Manufacturers—Don’t Let Cyber Threats Derail Your Business! Whether you're moving cars off the lot or producing goods on the factory floor, reliance on digital tools is growing—and so are cybersecurity risks. Protecting business and customer data isn’t just a "nice-to-have"—it’s a must-have. What can you do to stay ahead of these threats? LBMC's cybersecurity experts can help safeguard your operations and ensure compliance. Watch our latest webinar >> https://lnkd.in/ga2b3Uf2 #Cybersecurity #Manufacturing #AutoDealership #DataSecurity #FTCCompliance #DigitalTransformation