CDK Global works to restore dealer software after hack, but the auto sales fallout still looms

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 33 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

CDK Global News

Scott Olson,Dealer Management System

The CDK Global cyberattack outage that crippled dealerships across North America appears to be finally on a path toward resolution, but lost sales and...

, appears to be on a path toward resolution. But the damage has been done: Lost sales and service revenue could be substantial.

“We have successfully brought a small initial test group of dealers live on the Dealer Management System , and once validation is complete, we will begin phasing in other dealers,” the company said in a statement to Yahoo Finance. “We are also actively working to bring live additional applications — including our Customer Relationship Management and Service solutions — and our Customer Care channels.

A positive: Those lost sales could reappear in July. But even a lost week, or slow week of sales, in June could affect overall second quarter sales for the dealer groups and automakers too, due to the historically strong end-of-June period.

Source: Tech Daily Report (techdailyreport.net)

Scott Olson Dealer Management System

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Explainer-The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealersA hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

CDK Global cyberattack has AutoCanada using 'manual and alternative processes'pCanada’s only publicly traded dealership group is among the thousands of other auto retailers across North America grappling with the shutdown of its dealership management system (DMS) following the CDK Global cyberattacks on June 19. /p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

BlackSuit cybercrime gang blamed in CDK Global hack causing dealers' DMS outagepBlackSuit appears to be a group of Russian and Eastern European hackers with a history of working with a group known as Royal Ransomware./p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

CDK Global says shutdown of its DMS will last 'likely for several days' after overnight cyberattackpCDK Global has shut down its dealership management system for a second day. The company said the cyberattack that began June 19 will idle its DMS “likely for several days” in the United States and Canada./p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

CDK Global says shutdown of its DMS will last 'likely for several days' after overnight cyberattackpCDK Global has shut down its dealership management system for a second day. The company said the cyberattack that began June 19 will idle its DMS “likely for several days” in the United States and Canada./p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

As CDK Global outage continues, rivals step in to help affected dealerspAs CDK Global continues to bring its DMS back online, its rivals have begun helping impacted dealerships continue operating./p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »