ransomware

2024 Is Already the Year of the Cyberattack
2024 Is Already the Year of the Cyberattack
July 04, 2024  |  Cybersecurity

It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly...

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CDK Says It’s Recovering From Hack Faster Than Expected
CDK Says It’s Recovering From Hack Faster Than Expected
July 02, 2024  |  Fraud Attack

CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken...

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Cyber Insurance Premiums Fall Despite Ransomware Wave
Cyber Insurance Premiums Fall Despite Ransomware Wave
July 01, 2024  |  Cybersecurity

Despite a recent wave of ransomware attacks, cyber insurance premiums are declining around the globe. That’s because businesses have gotten better at dealing with losses...

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CDK Global Hackers Tied to 96 Cyberattacks in Past Year
CDK Global Hackers Tied to 96 Cyberattacks in Past Year
June 28, 2024  |  Fraud Attack

The hackers who struck car dealership software-as-a-service (SaaS) platform CDK Global on June 18 and 19 are reportedly affiliated with a Russia-based group called BlackSuit. This cybercriminal...

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Evolve Confirms Ransomware Hack as Challenges Grow at FinTech Partner Bank
Evolve Confirms Ransomware Hack as Challenges Grow at FinTech Partner Bank
June 27, 2024  |  Cybersecurity

It’s been a bad month for Evolve Bank & Trust, and it’s only getting worse. Following a “cease and desist” order issued to the bank...

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Will US Dealerships Shake Off CDK Attack By Independence Day?
Will US Dealerships Shake Off CDK Attack By Independence Day?
June 26, 2024  |  Security & Fraud

It is almost July Fourth, and summer holiday travel is about to enter its peak season. But despite the sunshine and blue skies, Americans planning...

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FinTech Banking Partner Evolve Bancorp Hit by Major Ransomware Attack
FinTech Banking Partner Evolve Bancorp Hit by Major Ransomware Attack
June 26, 2024  |  Cybersecurity

In many ways, it has been the summer of cyberattacks and data breaches. And with the news Tuesday (June 25) that Russian-linked ransomware gang Lockbit is...

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CDK Fallout Continues as Car Dealers Go Old School
CDK Fallout Continues as Car Dealers Go Old School
June 24, 2024  |  Cybersecurity

Software companies have taken over large swathes of the economy during the past few decades. And when something goes wrong with these software companies, something...

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CDK Starts Restoring Systems After Car Dealer Hack
CDK Starts Restoring Systems After Car Dealer Hack
June 23, 2024  |  Cybersecurity

Last week, a cyberattack on dealership software-as-a-service platform CDK Global crippled America’s auto sellers. Now, the group behind the attack is reportedly demanding tens of...

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