Pen tests are valuable – if you have the appropriate expertise to fully understand the findings and then take action to address the vulnerabilities identified. However, pen tests are an evaluation of your cyber defenses at a specific point in time. Therefore, if a cybercriminal is attacking your dealership today and you have a pen … Read more
There’s a great deal of interest and confusion among dealers regarding the new FTC Safeguards Rule. When working on compliance with the Rule, it’s helpful to remember the intention of the Rule. Samuel Levine, Director of the FTC’s Bureau of Consumer Protection, said “financial institutions and other entities that collect sensitive consumer data have a … Read more
Cybersecurity hygiene is a set of habitual practices that you perform regularly to maintain the health and security of users, devices, networks, and data. It’s like brushing your teeth. Good cybersecurity hygiene – like brushing your teeth – is a consistent routine meant to prevent or mitigate health issues. Cybersecurity hygiene has become an essential … Read more
Today, there is an IT/cybersecurity skills crisis. Gartner predicts that this skills crisis could cause 75% of businesses to experience visible disruptions. This means, the inability to perform business operations due to an IT outage, cybersecurity breach, or ransomware attack. We all depend on technology. Regardless of the size of your dealership – you need … Read more
The FTC Safeguards Rule now requires that dealerships perform an annual cyber-risk assessment. This requirement shouldn’t be viewed as just another government regulation that is a big hassle with little benefit. This isn’t the case. To effectively defend against today’s growing cybersecurity threat, dealerships must understand, manage, control, and then mitigate the cyber-risk their businesses … Read more
The cybersecurity poverty line is a term used to understand your dealership’s cybersecurity shortfalls and what needs to be done to level-up and enhance your cybersecurity posture. The line represents the threshold for what’s considered to be an acceptable line of cyber defense. Dealerships that fall under the cybersecurity poverty line lack the budget, knowledge, … Read more
Privilege escalation is when a malicious user gains elevated access to resources they are not authorized to access. This happens when a cybercriminal exploits a bug, design flaw, or a configuration error in an application or operating system. Once the cybercriminal obtains elevated privileges to your network, they use these privileges to steal data, run … Read more
There’s lots of interest in – and questions about – the new FTC Safeguards Rule. In this blog we provide answers to some of the most common questions we are hearing from dealers. Does the new rule apply to dealerships? In the new rule, the FTC specifically mentions “automobile dealerships” as an entity that must … Read more
The point at which the cybercriminal emerges and demands ransom is the endgame of a cyber-attack – not the beginning. The key to minimizing – or even eliminating – the impact that a cyber-attack can have on your dealership is to detect the attack early in its lifecycle. To do this you need the right … Read more