CDK Global, a company that provides software services to car dealerships, is still struggling following a cyberattack, with some services not fully functional. The company expects all dealer customers to have access to its management platform by July 4. The fallout from the ransomware attack has impacted 15,000 car dealerships that rely on CDK’s systems for operations. The attack is expected to cut June sales by over 7%, and dealer financial losses are estimated at $944 million.
Despite the progress in restoring systems, many dealerships are still operating with pen and paper, impacting the busy summer selling season. The delay in services has caused disruptions in business operations, with some transactions being postponed to July. CDK has resumed customers service calls and is working to restore all dealer connections by early July.
The outage has been a setback for dealerships, as they face financial losses and disruptions during an important selling month for the auto industry. The attack has also raised concerns about cybersecurity in the automotive sector. CDK is actively working on the restoration process, but the impact of the cyberattack on the industry is expected to be felt for weeks following the attack.
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