Hackers focused AutoCanada in a cyberattack final Sunday that impacted the car dealership group’s inner IT techniques, which can result in disruptions.
The corporate says that it took motion instantly after detecting the incident to guard its community and knowledge. Exterior cybersecurity specialists have been contracted to assist with containment and remediation efforts.
The investigation has but to find out if any knowledge has been compromised throughout the incident.
“As the investigation is ongoing, the full scope, nature and impact of the incident, including the extent to which any customer, supplier or employee data has been accessed is not yet known,” AutoCanada says.
The corporate says that though “enterprise operations stay open presently, the incident could lead to disruptions till the related techniques are totally restored.”
AutoCanada is a big automobile dealership operator that employs over 4,700 individuals. It operates 66 franchised dealerships in Canada masking 25 automobile manufacturers and one other 18 franchises in america that 16 automobile manufacturers.
Final yr, the corporate generated over $6 billion in income, and bought over 100,000 automobiles by way of its retail shops.
BleepingComputer has contacted AutoCanada to be taught extra concerning the nature of the incident however we’ve got not heard again on the time of publishing.
On the time of writing, no main ransomware teams claimed the assault on AutoCanada.
It’s price noting that AutoCanada has additionally been impacted by CDK World’s large IT outage brought on by the BlackSuit ransomware assault.
Together with disclosing the cyberattack yesterday, the corporate additionally revealed its second quarter monetary outcomes, saying that “several headwinds during the second quarter, which substantially affected our performance.”
“The CDK outage disrupted operations resulting in lost sales and profits, OEM inventory grew across the industry causing higher days supply in key brands and impacting floorplan costs, and rising unemployment combined with falling GDP in a still elevated rate environment perpetuated consumer uncertainty” – Paul Antony, AutoCanada’s Chairman
In numbers, AutoCanada recorded losses of $33.1 million in Q2 2024, whereas in the identical quarter final yr, it had a revenue of $45.2 million.
The corporate famous that the CDK outage began on June 19 and lasted till July 1, however the restoration, validation, and cleanup course of on the impacted techniques was not accomplished till the tip of that month.
