TechRadar - Car dealership software provider CDK Global reportedly paid $25 million in cryptocurrency to end a ransomware attack that crippled their operations

in #blockchain11 months ago

https://www.techradar.com/pro/security/it-looks-like-cdk-paid-a-dollar25-million-ransom-in-crypto-to-finally-end-its-outage
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CDK Global, a software provider for car dealerships, was hit by a ransomware attack in June 2024.

The company allegedly paid $25 million in cryptocurrency to regain access to their systems, which crippled dealerships for weeks.

Law enforcement discourages such payments as they don't guarantee data restoration or prevent future attacks.

Beware of ransomware attacks!!

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