A group that claims to have hacked <-bsp-bb-link state="{"bbHref":"bbg://securities/1282916D%20US%20Equity/CN","_id":"00000190-4787-d497-a7fb-ef8f49610000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">CDK Global-bsp-bb-link>, the software provider to thousands of car dealerships in North America, has demanded tens of millions of dollars in ransom, according to a person familiar with the matter.
CDK is planning to make the payment, said the person, who asked not to be identified because the information is private. The hacking group behind the attack is believed to be based in eastern Europe, the person said. In the early days of any ransomware attack, discussions are fluid, and the situation could change.
CDK didn’t respond to multiple requests for comment ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.