The End of Cyberattack on U.S. Car Dealers

After targeting the company responsible for handling financial transactions for around 15,000 car dealers in the U.S., the cyberattack has finally come to an end. It is believed that the attack was resolved through a paid ransom.

Impact on Sales

The cyberattack had the potential to significantly impact sales for car dealers across the country. With the financial transaction system compromised, dealers were facing challenges in processing purchases and payments.

Ransom Worth Millions

Reports suggest that the ransom paid to end the cyberattack was worth millions of dollars. This highlights the seriousness of the situation and the lengths that companies are willing to go to in order to protect their operations.

For more information on how the cyberattack unfolded and its implications for car dealers, click here.