US software house CDK Global is reported to have paid out a $25 million ransom to hackers following a devastating June 19 cyber attack which likely cost its US dealership clients $600m in direct losses.
CDK’s software supports nearly 15,000 dealerships in North America by managing vehicle acquisitions, sales, financing, insurance, repairs, and maintenance.
Keyloop, the UK's dominant DMS provider, is not part of CDK Global. CDK sold off its international business, which rebranded as Keyloop in 2021.
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Author:
Aimee Turner
Deputy editor
AM deputy editor Aimée Turner has been a specialist B2B editor and journalist covering the international transportation sector for more than 20 years.
She has specialised in the significant safety, regulatory, and environmental issues that impact advanced technology businesses in the pursuit of more efficient, safer and sustainable transportation modes.
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