AutoCanada Hit by Cyberattack

August 15, 2024 at 06:39AM AutoCanada, a major Canadian car dealership, disclosed a cyberattack on August 11, resulting in disruptions to internal IT systems. The company is working with cybersecurity experts to contain and investigate the incident’s scope and impact. While the full extent is not yet known, disruptions are anticipated until systems are fully … Read more

AutoNation Says CDK Global Ransomware Attack Impacted Earnings

July 16, 2024 at 08:01AM AutoNation reported a negative impact on quarterly earnings due to a ransomware attack that disrupted CDK Global’s systems. The incident affected core functions, with an estimated impact of $1.50 per share. While most systems have been restored, certain integrations remain unavailable. However, AutoNation expects no material impact on its overall … Read more