{"id":1473041,"date":"2024-06-24T16:25:00","date_gmt":"2024-06-24T20:25:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1473041"},"modified":"2024-06-24T16:25:00","modified_gmt":"2024-06-24T20:25:00","slug":"several-days-not-weeks-massive-us-auto-dealership-cyberattack-nears-resolution-as-hackers-demanded-millions","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/several-days-not-weeks-massive-us-auto-dealership-cyberattack-nears-resolution-as-hackers-demanded-millions\/1473041\/","title":{"rendered":"“Several Days & Not Weeks”: Massive US Auto Dealership Cyberattack Nears Resolution As Hackers Demanded Millions"},"content":{"rendered":"

“Several Days & Not Weeks”: Massive US Auto Dealership Cyberattack Nears Resolution As Hackers Demanded Millions<\/span><\/p>\n

\n

Great news for anyone trying to purchase a new or used vehicle last week but faced delays due to a nationwide cyber incident that paralyzed the backend operating systems of thousands of auto dealerships: a resolution appears to be underway.\u00a0<\/p>\n

Bloomberg<\/a> reports\u00a0that CDK Global, the main\u00a0provider of auto dealership management systems and digital retailing solutions, is now in the process of restoring backend systems for more than\u00a015,000 auto retailers affected by last week’s hack.\u00a0<\/p>\n

CDK sent a message to dealers over the weekend, providing a timeline of “several days and not weeks” to restore systems.\u00a0<\/p>\n

Bloomberg also reports\u00a0that the BlackSuit ransomware gang was behind the attack. BleepingComputer first reported this on Saturday.\u00a0<\/p>\n

This comes days after a Bloomberg report said a suspected\u00a0hacking group in Eastern Europe is responsible for the CDK cyber incident, and the group demanded\u00a0tens of millions of dollars in ransom<\/a>.\u00a0<\/p>\n

CDK first reported the cyber incident last Wednesday and a second\u00a0cyberattack on Thursday. The fallout of the centralized service for conducting sales at dealerships across North America forced some dealers to close, while others resorted to\u00a0pen and paper in closing deals.\u00a0\u00a0<\/p>\n

On Thursday, X user\u00a0Car Dealership Guy<\/em> was featured on CNBC. He said the auto industry’s biggest question after all this chaos is “Will the industry continue centralizing and consolidating technology? This has been the biggest trend in auto retail.”\u00a0<\/p>\n

“It’s disrupting the entire dealership [industry],” says @GuyDealership<\/a>‘s Yossi Levi after a cyberattack hit 15,000 auto dealerships across the country. “Will the industry continue centralizing and consolidating technology? This has been the biggest trend in auto retail.” pic.twitter.com\/oRTMYyPMfX<\/a><\/p>\n

\u2014 Last Call (@LastCallCNBC) June 20, 2024<\/a><\/p>\n

At the end of last week, some customers at dealerships were greeted with this message.\u00a0<\/p>\n

One of the largest Chevrolet dealers in South Carolina closed. On a Friday.<\/p>\n

Unheard of.<\/p>\n

Day 3 of the CDK outage.<\/p>\n

(via @bradsales312<\/a>) pic.twitter.com\/1SqzsAxUdi<\/a><\/p>\n

\u2014 Car Dealership Guy (@GuyDealership) June 21, 2024<\/a><\/p>\n

On Friday,\u00a0Diana Lee, the chief executive officer of Constellation, a marketing agency with strong ties in the auto industry, told the host of Bloomberg TV that the cyber incident is “just mass chaos at this point … and\u00a0worse than Covid.”\u00a0<\/p>\n

Diana Lee, CEO and co-founder of Constellation, says the latest cyberattacks on CDK are a disaster for the auto industry that’s “worse than covid” https:\/\/t.co\/wFrM1BqhmW<\/a> pic.twitter.com\/JJ6lvJ4MFJ<\/a><\/p>\n

\u2014 Bloomberg TV (@BloombergTV) June 21, 2024<\/a><\/p>\n

Here’s what X users are saying about the incident:<\/p>\n

Still might wreck end of quarter deliveries \ud83d\ude43<\/p>\n

\u2014 Scott (@ScottPolhamus) June 24, 2024<\/a><\/p>\n

It\u2019s takes between 5-10 days usually to recover from a ransomware event when domain compromise. It may take months to fully recover.<\/p>\n

\u2014 Matthew Rogers (@rogerscissp) June 24, 2024<\/a><\/p>\n

Month end is almost here. So is quarter end. (Reporting for publicly traded entities). And also half-year closes this week.<\/p>\n

If they don’t get good news soon, it will wreck a whole bunch of earnings reports.<\/p>\n

\u2014 Financial Markets Warrior (@1MarketsWarrior) June 24, 2024<\/a>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nMon, 06\/24\/2024 – 12:25<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/technology\/massive-us-auto-cyberattack-process-being-resolved<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

“Several Days & Not Weeks”: Massive US Auto Dealership Cyberattack Nears Resolution As Hackers Demanded Millions Great news for anyone trying to purchase a new…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1473041","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6bcJ","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1473041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1473041"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1473041\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1473041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1473041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1473041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}