CDK Global News

New-Vehicle Sales Growth Slows After CDK Cyberattack

Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK hit operations at several dealerships during the crucial selling period of late June. General Motors reported a 0.6% rise in new-vehicle …

CDK Expects All Dealers to Be Live by Early July 4

CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4. The company, which provides software to car dealerships, had briefly shut down all …

Guidance and Insurance Implications for the CDK Global Cyberattack

On June 18 and 19, 2024, CDK Global (CDK), a leading provider of cloud-based software to auto dealerships in North America, fell victim to a two-tiered cyberattack. 15,000 dealerships are potentially impacted, with multiple departments affected, including sales, financing and …

CDK Tells Customers Dealer System Likely Down Until June 30

Car dealerships crippled by a cyberattack on software provider CDK Global probably won’t have their systems restored until the end of the month. In a message to clients Tuesday, CDK warned dealerships that because the outages could persist until June …

BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers

A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime group has demanded an extortion …

CDK Begins Restoring Systems After Cyber Hack Hits Thousands of Retailers

Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that it expects the process to take “several days.” …

Car Dealerships Across US Halt Services After Cyberattack

Thousands of car dealerships were ground to a halt during a normally busy holiday Wednesday by a cyber incident at CDK Global, a major software provider for dealers across the US. The company “shut all systems down and executed extensive …