Sources: US car dealership software provider CDK Global appears to have paid ~$25M to hackers on June 21, after a ransomware attack shut down its systems (Sean Lyngaas/CNN) (www.techmeme.com)

submitted 1 month ago by lemmydev2@infosec.pub to c/pulse_of_truth@infosec.pub

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Sean Lyngaas / CNN: Sources: US car dealership software provider CDK Global appears to have paid ~$25M to hackers on June 21, after a ransomware attack shut down its systems — CDK Global, a software firm serving car dealerships across the US that was roiled by a cyberattack last month, appears to have paid …

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[-] halcyoncmdr@lemmy.world 5 points 1 month ago

Amazing how none of these companies with tens of millions to spend on ransomware, have a fraction of those funds before to properly implement daily/weekly/monthly/cold storage backups so they can revert from those and maybe have a bit of data that needs to be manually entered again once back up.

Even with paying there's no guarantee they'll even be given the decryption key.

this post was submitted on 12 Jul 2024

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