"Everything Is Frozen": Third-Day Of Cyberattack Leaves 15,000 Auto Dealerships Crippled
Over 15,000 auto dealerships nationwide face major disruptions due to an ongoing cyberattack for the third day, shutting down their backend management systems. This has halted sales for some dealers and forced others to complete transactions the old-fashioned way: by hand.
CDK Global, the leading provider of dealership management systems and digital retailing solutions, said cybersecurity breaches began on Tuesday. By Wednesday afternoon, CDK's core systems were restored, only to be shuttered on Thursday after a second hack attack. This has made it nearly impossible for thousands of dealers to buy and sell vehicles this week.
"We cannot process paperwork. Everything is frozen, everything is tied up — we cannot move money back and forth to pay off cars, to finance our customers' transactions," Tom Maioli, who owns Celebrity Motor Car Company with dealerships across York and New Jersey, told CBS MoneyWatch. He said his business is "completely shut down."
Maioli continued, "We cannot process paperwork. Everything is frozen, everything is tied up — we cannot move money back and forth to pay off cars, to finance our customers' transactions."
Consumers are being greeted with signs like this at auto dealers nationwide…
https://www.zerohedge.com/technology/everything-frozen-third-day-cyberattack-leaves-15000-auto-dealerships-crippled