BROOKFIELD, NEWS, July 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today an update on the restoration of systems at its dealer software and technology services operation, CDK Global (“the business” or “CDK”). On June 19, CDK detected and promptly responded to unauthorized cyber activity on its network. CDK proactively shut all systems down, engaged third-party experts to address and investigate the issue and notified law enforcement. C
After numerous dealerships across Canada and the US reported system outages, CDK Global revealed it had been the victim of a cyberattack. Here's what you need to know.
The CDK Global cyberattack outage that crippled dealerships across North America appears to be finally on a path toward resolution, but lost sales and service revenue could be substantial.