How To Protect Your Business Against Ransomware Attacks
Update: 2024-10-21
Description
Episode Notes
Key Highlights
- In mid-June 2024, auto dealership around the country were affected by a massive ransomware cyber attack on a popular software owned by CDK Global.
- CDK Global's software is commonly used by car dealerships to manage tasks like scheduling to tracking vehicle sales and orders.
- CDK Global revealed that nearly all 15,000 car dealerships that use their software across North America were affected by this cyber incident.
- The cyberattack involved the hackers freezing the system and demanding a ransom of $25 million, which CDK Global ended up paying through Bitcoin to the hackers.
- Overall, the cyberattack resulted in over $1 billion in losses for dealerships across the country.
- One of the best ways to protect your small business against costly cyber attacks and data breaches is to get cyber insurance. With The Hartford, you can add cyber insurance to your Business Owner's Policy (BOP) or general liability insurance policy.
Find out more at https://small-biz-ahead.pinecast.co
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
