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CDK Global

$25 Million Ransom Reportedly Paid to End Hack That Took Down 15,000 U.S. Dealers

$25 Million Ransom Reportedly Paid to End Hack That Took Down 15,000 U.S. Dealers

Things are back to normal at 15,000 U.S. showrooms after a hack that brought operations nearly to a halt last month. Data processing firm CDK apparently paid a $25 million ransom to regain control of software controlling everything from sales prospects to payroll. But the damage has topped $1 billion in lost sales and other issues.