CDK Global Cyberattack Cripples Thousands of Car Dealerships
The software provider faces lawsuits and a lengthy recovery process after a ransomware attack disrupted operations nationwide.
- Over 15,000 auto dealerships were affected by the cyberattack on CDK Global, causing widespread operational disruptions.
- The attack, carried out by the BlackSuit ransomware gang, led to a multi-day system shutdown starting June 19.
- CDK Global is now dealing with at least eight lawsuits alleging inadequate data protection and exposure of sensitive information.
- Dealerships experienced significant delays in sales, financing, and service operations, with some losses estimated between $4 billion and $16 billion.
- CDK aims to restore all services by July 4, but the impact on dealerships and customers persists.