August 6, 2024 at 12:55PM Sonic Automotive reported a $30 million loss due to CDK Global’s ransomware attack, with $11.6 million attributed to staff compensation. Despite shareholder confidence, there was a $0.64 drop in diluted EPS, affecting Q2 earnings. Competitors like AutoNation also experienced substantial EPS decreases. Economic consultants estimated CDK customers’ total losses to … Read more
April 3, 2024 at 08:18AM Jackson County, Missouri, is facing significant disruptions in its IT systems due to a ransomware attack. The incident has led to inconsistencies in digital infrastructure and rendered certain systems inoperative, affecting tax payments and various online services. The county has closed its physical offices and engaged law enforcement and security … Read more
March 15, 2024 at 10:46AM Global IT outages at McDonald’s have impacted operations, causing some stores to temporarily close across various countries. The outage meant employees couldn’t take orders or process payments. McDonald’s assured that it’s not a cybersecurity event and is working to resolve the issue. Some stores resorted to manual orders and cash … Read more
February 15, 2024 at 10:51AM Germany’s Varta disclosed a cyberattack disrupted production at five plants, affecting IT systems and administrative processes. The extent of damage is uncertain, with a task force formed to restore normal operations and work with cyber security experts. Varta’s global presence and impact on battery production is highlighted. Suspicion of a … Read more
November 20, 2023 at 10:47AM The Rhysida ransomware gang has taken responsibility for a cyberattack on the British Library, causing an ongoing IT outage. They are auctioning off the stolen data and accepting bids for the next seven days. The FBI and CISA have warned of Rhysida’s attacks on various industries. HR documents have also … Read more