CDK Global, a software provider to approximately 15,000 car dealerships across North America, was hit by two ransomware attacks on June 19, causing widespread disruption. The attack led to a shutdown of their dealer management system, affecting thousands of dealerships' sales and repair operations. The incident is expected to cut vehicle sales in June by about 100,000 units, or more than 7% compared to the same period in 2023, and could cost car dealers hundreds of millions of dollars. CDK Global has been gradually restoring its systems, with the company anticipating that all dealers will be back online by early July 4. The attack has highlighted the risks associated with the heavy reliance on a single software vendor in the automotive industry. Policyholder experts are pointing to cyber insurance policies for immediate relief as dealerships continue to navigate the aftermath of the attack. Additionally, negative equity continues to be a concern for car owners.
CDK Global says 'substantially all' dealers are back online after a crippling hack https://t.co/e4LBh9KzG1
Cyberattack Affecting Car Dealers Expected to Be Resolved by July 4 https://t.co/rEla3RzHmX
CDK Global said today that “substantially all” of the car dealerships it serves are back online, two weeks after the software maker was struck by a crippling ransomware attack. https://t.co/Dss2W4ktuT
Two weeks after back-to-back cyberattacks, thousands of car dealerships in Canada and the U.S. are expected to be back online this week. READ MORE: https://t.co/qq9ADDFAaD https://t.co/qq9ADDFAaD
CDK, the software provider to roughly 15,000 car dealerships across North America that was crippled by a hack nearly two weeks ago, said “substantially all” of the dealers it serves have seen their management systems come back online. https://t.co/OQ9fZuzcUA
CDK says 'substantially all dealer connections are live' as DMS reboot moves ahead of schedule https://t.co/scGTBrUTB0
Fallout from ransomware attack continues to affect car dealerships as CDK Global gradually restores service. https://t.co/vAm5WFyhLz
🇺🇸 CDK says all auto dealers should be back online by Thursday after outage https://t.co/8Nlzay4HeI
CDK Global says all dealers will be back online by Thursday https://t.co/UoeHJ1Zwjs
The massive car dealership outage could be cleared up by July 4th: Photo by Getty Images Car dealerships hamstrung by outages following two cyberattacks against CDK Global in June might finally be able to use their systems again this week,… https://t.co/61YgBVLGFB #ai #ainews
The ongoing ransom attack of a data services provider to around half of all U.S. car dealerships continues to inflict major disruptions throughout national automotive sales and repair networks. @BruceC_Inc https://t.co/IULyipo2Bc
CDK Global: All Dealers Should Be Reconnected By Wednesday Or Thursday: https://t.co/kekThODLL2 The software maker says it’s continuing to restore systems nearly two weeks after it was hit by a ransomware attack.
Cyberattacks against CDK Global, used by ~15K car dealerships, and Change Healthcare show how large swathes of some industries have a "single point of failure" (@bellelin_ / Wall Street Journal) https://t.co/8nK5b0QHUV https://t.co/kSfpN3fLyp
CDK Global continues to struggle with the aftermath of a major cyberattack, with some of the software services the company provides to thousands of car dealerships around the U.S. still not fully functional. https://t.co/HyoB0Q6onL
More than 15,000 dealership customers were left without the software and systems they rely on to do their jobs when two cyberattacks struck June 19. https://t.co/E8n8Pe8y84
Why a hack at CDK Global is casting a shadow on US auto sales https://t.co/wswIE003yf https://t.co/h3urEP636D
🔵 FACTBOX-WHY A HACK AT CDK GLOBAL IS CASTING A SHADOW ON US AUTO SALES CDK Global said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4, about two weeks after a cyberattack-led outage upended… https://t.co/dVeEdYYY20
CDK expects all dealers to be live by early July 4 https://t.co/5s56yYOiJA https://t.co/Q9fCNOxr2F
⚠️ CDK: **ANTICIPATE ALL DEALERS WILL BE LIVE BY LATE JULY 3 OR EARLY MORNING ON JULY 4 ** CUSTOMER CARE CHANNELS HAVE BEEN RESTORED
⚠️ CDK SEES ALL CAR DEALERSHIP SYSTEMS RESTORED BY EARLY JULY 4- BLOOMBERG NEWS
CDK Global, the software provider to roughly 15,000 car dealerships across North America that was hacked nearly two weeks ago, said it expects the systems of all dealers to be restored by early July 4. https://t.co/3jLyzU8YED
CDK Expects All Car Dealership Systems To Be Restored By Early July 4
JUST IN: Dealership outages are coming to an end! CDK Global anticipates that all dealers will be live by July 4th 🇺🇸 For those living under a rock... CDK Global, an Automotive software company, was severely hacked nearly 2 weeks ago. The hack handicapped over 50% of U.S. car… https://t.co/4zVsqhAeht
CDK Ransomware Attack Highlights Growing Threat Of Third-Party Risk: Experts: https://t.co/bPWt4mp61N Cybersecurity experts told @CRN that the massive disruption to car dealerships is another sign of the trade-offs involved in the growing dependence on third-party IT services.
The CDK Global cyberattack outage, which crippled dealerships across North America, appears to be on a path toward resolution. But the damage has been done: Lost sales and service revenue could be substantial. https://t.co/Q2txi3r5xi
Car dealerships across the country have reverted to pens and paper amid a massive cyberattack on its software provider, CDK. https://t.co/lmDyOdkGZy
🇺🇸 CDK cyberattack update: Select dealerships seeing Dealer Management System restored https://t.co/881UThy5Gp
CDK Global Hack Shows Risk of One Software Vendor Dominating an Industry Airlines, banks and hospitals could be vulnerable to a “single point of failure” attack like the one that hobbled car dealers. https://t.co/1FeVWvneXm
CDK Global said it is in the process of restoring various applications for car dealers after a cyberattack last week prompted a major shutdown. https://t.co/8oYx5x9Txf
🗞️ Thousands of US car dealers lost access to @CDKGlobal’s software, disrupting their sales and repair operations due to cyber incidents affecting the technology provider. CDK Global shut down most systems to assess the situation. https://t.co/LBTWRSbcte https://t.co/xODqFp0gFN
Dealerships that rely on software from CDK Global are coming back online after a devastating cyberattack caused widespread disruption https://t.co/fJyG9bVWIM
The dealership management system provider is continuing a phased effort to bring customers back online after two cyberattacks led to a shutdown June 19. https://t.co/CeTfQdbw1A
The CDK Global cyberattack is expected to cut auto dealerships' vehicle sales in June down by about 100,000, or more than 7%, compared with the same period in 2023. https://t.co/w5pVy12NZz
CNN: "The ongoing cyber-attack incident at CDK Global has crippled car dealerships for days" https://t.co/j5lXv9sjt7
Navigating the CDK Global Ransomware Attack: Practical Guidance for Auto Dealerships https://t.co/Q1hfMPrHAt | by @FoxRothschild
CDK brings some dealers back on dealer management system https://t.co/sRh3gZFfhx https://t.co/lHDRYBqCZ4
🔵 CDK BRINGS SOME DEALERS BACK ON DEALER MANAGEMENT SYSTEM Software maker CDK said on Friday it brought two small groups of dealers and one large publicly traded dealer group live on its dealer management system, following an outage caused by a cyber attack. Full Story via… https://t.co/jcmuStCNRa
A ransomware attack against auto software company CDK Global that caused an ongoing disruption in the operations of car dealerships has sent policyholder experts pointing to cyber insurance policies for immediate relief. https://t.co/gqXjSA2Ix3 https://t.co/aQTSVP2L9m
Ransomware attack paralyzes thousands of car dealerships nationwide into July https://t.co/vOrH0ajIrH
Cyberattack on car dealership software causes delays, frustration https://t.co/EAVbn6qSKM
CDK Global attacks could cost car dealers hundreds of millions of dollars… Plus, Negative equity continues to eat at car owners and quality issues continue to plague new vehicle release. Today’s top auto industry news, brought to you by @OPENLANEUS : https://t.co/v0Xzm1sp4i
JUST IN: CDK Restores Systems for More Dealerships! CDK is steadily bringing systems back online after last week's cyberattack. They've just restored access for another group of dealerships, including a major public dealer – a big win! This is a positive step forward after a… https://t.co/QnFDv8s7mh
Software maker CDK Global says it will be “phasing in” more car dealerships to its core dealer management system more than a week after a ransomware attack led to a system shutdown. https://t.co/sgQjBtwimB
A handful of major U.S. auto dealers said their business operations have been affected by a ransomware incident on the key software provider. https://t.co/FqKxfct2it https://t.co/ubJAynB5Qm