🧵 1. Third-day cyberattack cripples 15,000 auto dealerships nationwide, halting sales & causing chaos as backend systems remain frozen. #business
🧵 1. Third-day cyberattack cripples 15,000 auto dealerships nationwide, halting sales & causing chaos as backend systems remain frozen. #business
🧵 2. CDK Global, leading provider of dealership management systems, faces ongoing cybersecurity breaches disrupting vehicle transactions across the country.
🧵 3. Auto dealers resort to manual transactions as backbone systems remain compromised, unable to process paperwork or move money for sales.
🧵 4. Industry faces uncertainty as cyber incident raises questions about centralizing tech in auto retail; back-office staff struggle without computers.
🧵 5. Economic fallout looms as the auto industry grapples with a cyberattack's impact, with CDK unable to provide timeline for system restoration.
🧵 Read more at: https://www.zerohedge.com/technology/everything-frozen-third-day-cyberattack-leaves-15000-auto-dealerships-crippled