In today’s uncertain economy, dealership executives are under pressure to reduce costs wherever possible. One of the smartest ways to get more favorable cyber insurance terms & premiums is with stronger cybersecurity—a strategy that’s gaining momentum across the auto retail industry. As cyber liability insurance premiums rise in response to growing threats, underwriters are rewarding … Read more
Let’s play out a scenario. It’s 8:15 AM on a Monday. You’re sipping your coffee, prepping for another day of selling cars, when your IT guy strolls in, tosses his badge on your desk, and says, “I’m out. Just won the lottery!” Congratulations to him. Condolences to you. Because whether he’s heading to Bora Bora … Read more
A comprehensive information security program encompasses policies, procedures, and technologies designed to protect data and systems. It ensures confidentiality, integrity, and availability through risk management, access controls, and incident response. More than just an IT initiative, it’s a business imperative that safeguards your dealership’s reputation, compliance, and bottom line. Key Components of a Comprehensive Information … Read more
A recent Automotive News opinion piece titled “In our opinion: Thwarted dealership cyber attack indicates that lessons from last year have been learned” highlights how the auto retail industry is beginning to apply critical lessons from the 2024 CDK cyber attack. In March, a new cyber threat was successfully blocked by Reynolds and Reynolds’ Proton … Read more
For years, protecting a dealership’s network meant building a digital wall around it, but dealerships must shift to borderless cybersecurity to stay ahead of modern threats. Firewalls, endpoint security, and intrusion detection systems used to be the first line of defense, and they worked well when most people accessing the network were inside its borders. … Read more
In the Wards Automotive article “Steering Clear of Cyberthreats,” cybersecurity expert Erik Nachbahr of Helion Technologies warns that many dealerships are underestimating the complexity and cost of dealership cybersecurity. While IT staff keep systems running, cybersecurity requires specialized skills—and expecting in-house IT teams to manage both roles can lead to serious risk. The article references … Read more
When it comes to cybersecurity, dealerships face a unique set of challenges. With sensitive customer data, financial information, and networks to protect, keeping up with evolving cyber threats can feel like a full-time job. That’s why having the right tools and expertise to detect and respond to those threats is crucial – like EDR & … Read more
As a dealer, your primary focus is selling and servicing cars and trucks. However, to succeed, you must also defend your dealership against a variety of threats — including the growing SaaS security risks that businesses face. In today’s world, it’s crucial to recognize that your operations are increasingly dependent on cloud-based services. While this … Read more
The Automotive News article “Will dealerships heed the lessons learned from 2024 cyber attacks?” explores how the high-profile CDK Global data breach and cyber attacks became a wake-up call for the automotive retail industry. It highlights the growing urgency around dealership cybersecurity, emphasizing that proactive risk management—through cybersecurity monitoring, insurance, employee training, and vendor vetting—is … Read more