Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Auto dealers face software outage after provider hit by cyber incidents By: FOX Business June 20, 2024 at 10:59 AM EDT The incident marks the second time that CDK Global has disclosed an issue this week. The first, reported Wednesday, also prompted the company to temporarily take systems offline. CDK Global, a company that provides software to auto dealerships, fell victim to a second cyber incident in as many days, leading to outages nationwide.The company informed dealers that it is "once again proactively shutting down most of our systems" in response to an "additional cyber incident" that happened Wednesday night. Automotive News first reported on the cyber incident.CLICK HERE TO READ MORE ON FOX BUSINESSIts "dealers’ systems" will be offline Thursday "at a minimum" due to the incident as it works with "third-party experts" and determines the impact, the company said in an email to customers.It marks the second time that CDK Global has disclosed a cyber incident this week. The first, reported Wednesday, also prompted the company to temporarily take systems offline.RISK OF CYBER INCIDENTS WEIGH HEAVILY ON BUSINESSES FOR 2024, REPORT FINDSThe company said later Wednesday that its core dealer management system and digital retailing solutions had been restored.GET FOX BUSINESS ON THE GO BY CLICKING HEREFOX News' Matt Finn and Reuters contributed to this report. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Auto dealers face software outage after provider hit by cyber incidents By: FOX Business June 20, 2024 at 10:59 AM EDT The incident marks the second time that CDK Global has disclosed an issue this week. The first, reported Wednesday, also prompted the company to temporarily take systems offline. CDK Global, a company that provides software to auto dealerships, fell victim to a second cyber incident in as many days, leading to outages nationwide.The company informed dealers that it is "once again proactively shutting down most of our systems" in response to an "additional cyber incident" that happened Wednesday night. Automotive News first reported on the cyber incident.CLICK HERE TO READ MORE ON FOX BUSINESSIts "dealers’ systems" will be offline Thursday "at a minimum" due to the incident as it works with "third-party experts" and determines the impact, the company said in an email to customers.It marks the second time that CDK Global has disclosed a cyber incident this week. The first, reported Wednesday, also prompted the company to temporarily take systems offline.RISK OF CYBER INCIDENTS WEIGH HEAVILY ON BUSINESSES FOR 2024, REPORT FINDSThe company said later Wednesday that its core dealer management system and digital retailing solutions had been restored.GET FOX BUSINESS ON THE GO BY CLICKING HEREFOX News' Matt Finn and Reuters contributed to this report.