CDK Global Settles Auto Dealer Outage with $25 Million Ransom Payment
Thursday, 11 July 2024, 23:51
CDK Global Ransom Payment in Cyberattack
CDK Global, a software provider for car dealerships, faced a cyberattack that led to a $25 million ransom payment to hackers.
Implications for Automotive Industry
CDK Global's response highlights the high stakes in cybersecurity for essential sectors such as automotive. The incident underscores the challenges organizations face in safeguarding critical systems against evolving cyber threats.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.