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CDK Global Pays $25M Ransom: Car Dealerships Breathe a Sigh of Relief
CDK Global has reportedly paid $25 million in cryptocurrency to end a ransomware attack that crippled its operations and disrupted North American car dealerships. Despite law enforcement’s advice against paying ransoms, CDK’s systems began coming back online a week after the payment, hinting at a…
Hot Take:
It’s official, folks: CDK Global just paid the equivalent of a luxury yacht in Bitcoin to get their digital house back in order. Nothing says ‘we’re serious about cybersecurity’ like handing over $25 million to digital pirates!
Key Points:
- CDK Global reportedly paid $25 million in cryptocurrency to resolve a ransomware attack.
- The payment was linked to BlackSuit, a known ransomware operation.
- CDK Global began restoring its systems approximately a week after the payment.
- Law enforcement agencies discourage paying ransoms due to lack of guarantees and the risk of future attacks.
- Companies are urged to improve cybersecurity measures and maintain up-to-date backups instead.
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