Current:Home > FinanceCDK Global: Restoration underway after auto dealer software supplier hacked-LoTradeCoin
CDK Global: Restoration underway after auto dealer software supplier hacked
View Date:2024-12-24 02:18:35
After a cyberattack at CDK Global led to the shutdown of computer systems at auto dealers nationwide, the company said it has begun work to restore systems.
CDK, which provides software to car dealerships, shut down operations Wednesday after back-to-back cyberattacks. Bloomberg reported a group claiming to be the hackers is asking for tens of millions of dollars in ransom.
While work is underway to get services back up and running, CDK estimates the process will take several days.
Auto dealers including AutoNation and Peer Lithia Motors said they have experienced disruptions that are likely to negatively impact business, Reuters reported Monday. Some dealerships have reverted to paper methods to conduct business.
USA TODAY reached out to CDK for an update Monday.
More:New car inventory and prices: What shoppers need to know
Hackers targeted CDK Global car dealer management system
The cyberattack on CDK was first reported Wednesday, prompting the company to shut down most of its systems "out of an abundance of caution," a CDK spokesperson previously told USA TODAY.
CDK restored some systems that afternoon, but another cyberattack later that evening prompted the company to take the systems offline once again, according to a letter sent to customers.
The work to completely restore the software is expected to take several days.
What is CDK Global?
One of the leading providers of cloud-based software to dealerships in the country, CDK's software helps dealerships manage vehicle acquisitions, sales, financing, insuring, repairs and maintenance. The company's website says it offers a “three-tiered cybersecurity strategy to prevent, protect and respond to cyberattacks.”
CDK works with more than 15,000 retail locations nationwide, according to its website.
Is CDK still down?
CDK did not immediately respond to USA TODAY's request for an update Monday on how many businesses were impacted and if any have been restored.
However, CDK started a restoration process Saturday that was expected to take "several days" to complete, according to a company spokesperson.
CDK hackers asked for millions in ransom: reports
An eastern European cybercrime group is claiming to be behind the attack, according to Bloomberg. CDK reportedly intends to pay the tens of millions of dollars they are demanding, but negotiations could evolve, according to Bloomberg.
veryGood! (721)
Related
- FBI offers up to $25,000 reward for information about suspect behind Northwest ballot box fires
- Police look to charge 3 men after Patriots fan died following fight at Dolphins game
- North Dakota lawmakers must take ‘painful way’ as they try to fix budget wiped out by court
- AP Exclusive: 911 calls from deadly Lahaina wildfire reveal terror and panic in the rush to escape
- ‘I got my life back.’ Veterans with PTSD making progress thanks to service dog program
- Schools near a Maui wildfire burn zone are reopening. Parents wrestle with whether to send kids back
- India routs Pakistan by 7 wickets to extend winning streak over rival at Cricket World Cup
- Stephen Rubin, publisher of ‘The Da Vinci Code’ and other blockbusters, dies at 81
- 15 new movies you'll want to stream this holiday season, from 'Emilia Perez' to 'Maria'
- India routs Pakistan by 7 wickets to extend winning streak over rival at Cricket World Cup
Ranking
- Black, red or dead: How Omaha became a hub for black squirrel scholarship
- Tips pour into Vermont State Police following sketch related to trail homicide
- Jason Kennedy and Lauren Scruggs Welcome Baby No. 2
- Federal, local officials agree on $450 million deal to clean up Milwaukee waterways
- Voyager 2 is the only craft to visit Uranus. Its findings may have misled us for 40 years.
- 'Curlfriends: New In Town' reminds us that there can be positives of middle school
- Joran van der Sloot expected to plead guilty in Natalee Holloway extortion case
- Why Pregnant Kourtney Kardashian Isn't Ready to Share Details of Her Terrifying Hospitalization
Recommendation
-
Will Trump curb transgender rights? After election, community prepares for worst
-
As Mexico expands abortion access, activists support reproductive rights at the U.S. border
-
Start Spreadin' the News: The Real Housewives of New York City Reunion Trailer Is Here
-
Palestinians in Gaza face impossible choice: Stay home under airstrikes, or flee under airstrikes?
-
Georgia remains part of College Football Playoff bracket projection despite loss
-
A judge has declined to block parts of Georgia’s election law while legal challenges play out
-
Jews unite in solidarity across New York City for war-torn Israel
-
Amid fury of Israel-Hamas war, U.S. plans Israel evacuation flights for Americans starting Friday