According to a recent report from Bloomberg, which cites an unidentified source familiar with the matter, the hackers are now ransoming the DMS provider for tens of millions of dollars.

which has been the subject of a cyber hack and ransom demand, Reuters reported Sunday. A group that says they hacked software company CDK Global is demanding tens of millions of dollars in ransom ...

CDK Global, a major car dealership software company utilized by thousands of dealers nationwide, is picking up the pieces after a cyberattack resulted in a multi-day system shutdown. The initial ...

CDK Global, a software firm serving car dealerships across the US that was roiled by a cyberattack ... reported that the hackers had made a multimillion-dollar ransom demand and that the company ...

The cyberattack targeting the company ... According to sources who spoke with CNN, CDK paid a ransom of $25 million to end the attack. The ransom was paid in bitcoin so there could be no trace ...

CDK hackers want millions in ransom to end car dealership outage As auto ... Brookfield’s stock plunged in the days after the cyberattack, and shares of publicly traded dealership chains ...

Then came a cyberattack ... end of the interruption. If the interruption persists, this will change," according to the Anderson Economic Group report. In a letter to dealerships sent June 28, CDK ...

However, on June 19 hackers ... when CDK Global, a company that provides daily operational software to 15,000 car dealerships nationwide, reported a cyberattack. Hackers are demanding millions ...

New car sales in June took a wild ride, and next week, when most automakers report second-quarter sales, the figures will reflect the impact of a cyberattack ... on CDK demanded tens of millions ...