CDK Cyber attack Update 2024

In a recent CDK cyberattack, auto dealership software used by car dealers across the country was compromised, causing widespread disruption. The attack has affected hundreds of dealerships, making it difficult for them to process sales, manage inventory, and handle customer services.

Hackers targeted a widely-used software system that helps car dealerships run their businesses. This system manages everything from sales transactions to inventory tracking. The attack disrupted these functions, leaving many dealerships unable to operate normally. With Current CDK Cyber update few of its services have been restored.

Statistics year wise 2005 to 2023 as per the source Wikipedia

Every day, thousands of personal data records are stolen. In 2020, it was estimated that organized crime was responsible for 55 percent of data breaches, while system administrators, end users like customers or employees, and state-affiliated actors each accounted for 10 percent. Opportunistic criminals often use malware or social engineering to breach data, moving on if they encounter strong security measures. More organized criminals have greater resources and target specific data more deliberately. Both types of criminals sell the stolen information for profit. Politically motivated hackers, such as the group Anonymous, pursue specific goals with their attacks. State-sponsored hackers, on the other hand, target citizens or foreign entities for political repression or espionage purposes.

Top industries targeted by cyberattack in united states as per source wikipedia

Top industry cyberattach in united states nowstimes
Source Wikipedia

The cyberattack has had a significant impact on car dealerships nationwide. Here’s how:

  1. Sales Delays: Many dealerships are struggling to complete sales transactions, leading to delays for customers looking to buy cars.
  2. Inventory Issues: Dealers are finding it hard to keep track of their inventory, causing confusion and potential shortages of popular models.
  3. Customer Service Problems: With the software down, customer service has been affected, leading to longer wait times and frustration for customers needing support.

If you are a customer affected by this cyberattack, here are a few tips:

  1. Be Patient: Dealerships are working hard to resolve the issue, but it may take some time. Expect delays and be patient with staff.
  2. Contact Your Dealer: If you have urgent needs or questions, reach out to your dealership. They might be able to provide updates or workarounds.
  3. Stay Informed: Keep an eye on news updates and any communications from your dealership for the latest information.

1. What happened in the recent cyberattack on auto dealer software?

The recent cyberattack targeted a widely-used software system that manages sales, inventory, and customer service for auto dealerships across the country. This attack has disrupted normal operations at many dealerships, causing delays and issues for customers.

2. How does this cyberattack affect me as a customer?

If you are a customer at one of the affected dealerships, you might experience delays in purchasing or servicing your vehicle. Inventory tracking might be less accurate, and customer service may be slower due to the disruption in the software system.

3. What should I do if my personal data was compromised in the attack?

If you suspect your personal data has been compromised, monitor your financial accounts for any unusual activity. Consider placing a fraud alert on your credit report and change your passwords for online accounts. Contact your dealership for specific steps they may recommend.

4. How can I find out if my dealership is affected?

Contact your dealership directly. They should be able to provide you with information on whether they have been impacted by the cyberattack and how it may affect your dealings with them.

5. What steps are dealerships taking to resolve the issue?

Dealerships are working with cybersecurity experts to investigate the attack and restore normal operations. They are also using manual processes where possible to continue serving customers during the disruption.

6. How long will it take for dealerships to recover from the cyberattack?

The recovery time can vary depending on the extent of the attack and the effectiveness of the response efforts. While some issues might be resolved within a few days, complete recovery and restoration of all services may take longer.

7. What can I do to protect my personal data in the future?

To protect your personal data, use strong, unique passwords for your online accounts, enable two-factor authentication where possible, and be cautious of phishing emails or suspicious links. Regularly monitor your financial accounts and credit reports for any unusual activity.

8. Are there any signs that my data has been compromised?

Signs that your data might have been compromised include unusual activity on your bank accounts, receiving unexpected emails or calls requesting personal information, or alerts from your credit monitoring service about new credit inquiries or accounts opened in your name.

9. What are the common methods used by cybercriminals to breach data?

Cybercriminals often use malware, phishing, and social engineering attacks to breach data. They exploit vulnerabilities in software systems or trick individuals into revealing personal information.

10. What are dealerships doing to prevent future cyberattacks?

Dealerships are investing in stronger cybersecurity measures, such as updating software, training employees on security best practices, and conducting regular security audits. They are also working with cybersecurity experts to enhance their defenses against future attacks.