Current:Home > InvestCDK Global: Restoration underway after auto dealer software supplier hacked -CapitalWay
CDK Global: Restoration underway after auto dealer software supplier hacked
View
Date:2025-04-17 08:09:33
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! (84244)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Farm Jobs Friday
- Mississippi man pleads guilty to taking artifacts from protected national forest site
- Simone Biles Makes Golden Return to Competitive Gymnastics After 2-Year Break
- Could your smelly farts help science?
- California man arrested in break-ins, foot-fondling in Lake Tahoe
- Kentucky candidates trade barbs at Fancy Farm picnic, the state’s premier political event
- Crack open a cold one for International Beer Day 2023—plus, products to help you celebrate
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Beat the Heat With These Mini Fans That Are Perfect for Concerts, Beach Days, Commutes, and More
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- The FDA approves the first pill specifically intended to treat postpartum depression
- Parkland shooting reenacted using 139 live bullets as part of lawsuit
- 2 police officers injured in traffic stop shooting; suspect fatally shot in Orlando
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Power at the gas pump: Oregon lets drivers fuel their own cars, lifting decades-old self-serve ban
- What's Making Us Happy: A guide to your weekend viewing and listening
- 11 hurt when school bus carrying YMCA campers crashes in Idaho
Recommendation
Travis Hunter, the 2
2 Navy sailors arrested, accused of providing China with information
Prosecutors in Trump's N.Y. criminal case can have his E. Jean Carroll deposition, judge rules
187,000 jobs added in July as unemployment falls to 3.5%
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
South Korea presses on with World Scout Jamboree as heat forces thousands to leave early
Billie Eilish Pays Tribute to Angus Cloud at Lollapalooza Days After His Death
Racist abuse by Mississippi officers reveals a culture of misconduct, residents say