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CDK reportedly paid $25 million to end US car dealership cyberattack: 3 things you should know
A notorious extortion group caused headaches for car sales and car service across the nation. Here's what happened.
Dealerships use it for tracking what's on their lots, running credit checks, generating loan rates, completing sales contracts, processing payroll, and more. CDK software enables dealers to automatically register vehicles with the local government so they can file the appropriate paperwork and ready a license plate. CDK hasn't confirmed that it paid the ransom, but on June 21, about 387 bitcoin, or roughly $25,000,000, was sent to a cryptocurrency account associated with BlackSuit, crypto-tracking firm TRM Labs, told CNN.
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