CDK Global Pays $25 Million Ransom After June 21 Cyberattack, Affecting 15,000 Dealers

Jul 12, 2024, 03:23 PM

US car dealership software provider CDK Global reportedly paid $25 million to hackers on June 21, 2024, following a ransomware attack that shut down its systems and disrupted business for thousands of car dealerships. The cyberattack affected CDK's network of 15,000 auto dealers. CDK's CEO has pledged to compensate dealers, promising financial relief for the challenges faced due to the attack. According to CNN, wallets tied to the ransom group received the payment two days after the attack.