Overview

• CDK Global's software outage has left over 15,000 US dealerships unable to perform digital transactions for over a week.
• Experts highlight that cyberattacks are becoming more sophisticated and can cripple entire industries for extended periods.
• Dealerships are resorting to manual processes, causing significant delays and potential losses in sales.
• Cybersecurity professionals emphasize the need for modernizing systems and mandatory cybersecurity standards.
• The automotive industry's reliance on interconnected systems makes it particularly vulnerable to such attacks.