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CDK Global Pays $25M Ransom After Cyberattack, CEO Vows Dealer Compensation

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Source: The Register
CDK Global Pays $25M Ransom After Cyberattack, CEO Vows Dealer Compensation
Photo: The Register
TL;DR

CDK Global reportedly paid a $25 million ransom in Bitcoin to restore services after a ransomware attack caused a two-week outage affecting up to 15,000 car dealerships. The attack, attributed to the BlackSuit ransomware group, led to significant financial damage estimated at over $600 million. CDK has not disclosed details of the recovery process, and some systems remain offline.

Topics:businesscybersecurity#bitcoin#car-dealerships#cdk-global#cyberattack#cybersecurity#ransomware
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  1. Car dealer software slinger CDK Global said to have paid $25M ransom after cyberattack  The Register
  2. How did the auto dealer outage end? CDK almost certainly paid a $25 million ransom  CNN
  3. Auto CEO makes bold promise after cyberattack, outage  TheStreet
  4. CDK CEO pledges to compensate dealers after ransomware event  Automotive News
  5. Wallets tied to CDK ransom group received $25 million two days after attack  CyberScoop

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