Security News > 2024 > July > Car dealer software slinger CDK Global said to have paid $25M ransom after cyberattack

CDK Global reportedly paid a $25 million ransom in Bitcoin after its servers were knocked offline by crippling ransomware.

Last week, CDK restored services to car dealerships across the US after a two-week outage caused by a "Cyber incident" that looked a lot like a ransomware infection.

CDK hasn't yet disclosed how exactly it was able to get its business back online, but CNN cites sources who claim the software firm had to pay a ransom of $25 million to the ransomware's operators.

The Bitcoins didn't come from CDK directly, and instead from a firm that specializes in dealing with cyber-ransom demands, it's claimed.

CDK may have been able to restore from backups and/or may have needed some information on computers encrypted by the ransomware, adding time to recovery.

The miscreants who shook down CDK did relatively well for themselves, earning more than the outfit that extorted Change Healthcare for $22 million.

News URL

https://go.theregister.com/feed/www.theregister.com/2024/07/12/cdk_ransom_payout/