Dealers ‘Quickly Coming Online' Following CDK Cyberattack [BNN Bloomberg (Canada)]
Palo Alto Networks, Inc. (PANW)
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Source: BNN Bloomberg
Unit 42, the threat intelligence arm of Palo Alto Networks Inc., is “working hand in hand with CDK and their partners to restore operations,” said Sam Rubin, vice president and global head of operations for the cybersecurity company. “Dealerships are quickly coming online and services are being restored.” A representative for CDK didn't immediately respond to a request for comment late Friday afternoon in New York. A customer help phone line said on Friday that the company was proceeding with a phased approach to the restoration process and bringing a second group of dealers online. The cyberattack began on June 19, creating havoc at some of the 15,000 dealers that rely on CDK's management software. A hacking gang called BlackSuit has been blamed for the ransomware attack and has demanded tens of millions of dollars in ransom, Bloomberg News reported. CDK previously told dealers the outages could persist for some dealers until June 30. ©2024 Bloomberg L.P.
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