The secret to funding dealership technical innovation and cyber defense is right in front of you. To see it, you first need to accept the possibility that your dealership might be wasting money. The second thing you need to come to terms with is that to grow your dealership’s revenue and maximize its profitability, technical … Read more
The use of AI in dealerships is no longer science fiction and something that is a futuristic concept. AI is in dealerships right now. For many, leveraging the capabilities of AI in dealerships will revolutionize numerous aspects of operations. From enhancing customer experiences to streamlining internal processes, the applications of AI in dealerships are extensive … Read more
Modern car dealerships are continually seeking innovative ways to enhance customer experience, streamline operations, and stay ahead of the competition. Enter artificial intelligence (AI) – a game-changer that offers unparalleled opportunities for dealerships to thrive in an increasingly digital auto retailing landscape. However, there is a problem – among the promises of AI lie lurking … Read more
Dealership employees seek the flexibility to work from anywhere. While mobile devices offer this flexibility, they also increase the dealership’s attack surface, providing cybercriminals with an easily exploitable entry point into the dealership’s network. Currently, mobile devices account for more than 60 percent of digital fraud, and one in three organizations has experienced a data … Read more
Understanding and managing the attack surface is crucial for protecting dealership networks and sensitive data. The attack surface represents all potential points, known as attack vectors, that hackers can exploit to gain unauthorized access or execute cyberattacks. Common attack vectors within dealerships include: Network Perimeter – The boundary between an organization’s internal network and the … Read more
Today, dealerships rely on their technology environment to sell and service cars and trucks. Dealership technology is mission critical to a dealership’s success. Yet many dealerships are still employing outdated IT strategies that can jeopardize their business as technology quickly advances and cybersecurity threats evolve. An increasingly crucial decision that dealerships must make is whether … Read more
To mitigate the risk of a successful, cyberattack, dealerships must address the most common sources of an attack—unpatched security vulnerabilities, human error, and malware. In this blog, we’re going to focus on the human error component. According to the Verizon 2023 Data Breach Investigation Report, nearly three-quarters of data breaches involve the actions of individuals … Read more
The FTC Safeguards Rule mandates that dealerships must “develop, implement, and maintain a comprehensive information security program.” The Rule illustrates the FTC’s commitment to compelling businesses to establish an effective cyber defense to protect consumer information. However, many dealerships are simply concentrating their compliance efforts on isolated measures that alone fall short of constituting a … Read more
Safeguarding consumer information has become paramount. With the rise of government data security regulations and the increasing incidence and severity of cybercrime, businesses are scrambling to improve their cyber defenses. An essential part of a comprehensive information security program is data encryption. However, the effectiveness of data encryption hinges on a factor often overlooked – … Read more