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The cyberattack on software company CDK Global that hobbled U.S. car dealerships highlighted the risks to industries that rely on just a single vendor.
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CBS News - Top stories
CDK's car dealer software still not fully restored after cyberattack
Fallout from ransomware attack continues to affect car dealerships as CDK Global gradually restores service. -
The Wall Street Journal - World
Crucial computer systems at as many as half of U.S. new-car dealerships will likely to remain down through the weekend following June 19 cyberattacks.
Crucial computer systems at as many as half of U.S. new-car dealerships will likely to remain down through the weekend following June 19 cyberattacks. -
CBS News - Top stories
CDK cyberattack outage could lead to 100,000 fewer cars sold in June, experts say
CDK outage forecast to slow auto sales by 7.2% in June, pushing demand into July. -
Inc. - Business
CDK-Style Attacks Could Hit Other Specialty Software Makers
A strike on the CDK Global data system, which paralyzed about half of U.S. car showrooms, could cost up to $16 billion in lost sales and chaos to business. It's not the only industry in hackers' crosshairs. -
Financial Times - World
Oil spill highlights risks of Singapore’s marine ambitions
Also in today’s newsletter, US shareholder meetings show a mixed picture on sustainability -
Inc. - Business
How This Female-Founded Software Company Nailed a $200 Million Series B
Workflow software company Creatio is valued at $1.2 billion after its latest fundraise. Founder Katherine Kostereva has big plans. -
Financial Times - World
‘Flood’ of cheap Russian fertiliser risks Europe’s food security, industry says
Growing dependence gives Moscow more leverage over European crop productionRussia -
MarketWatch - Business
Why was Alphabet’s stock just downgraded? An analyst sees six risks for Google.
One Rosenblatt analyst recommends that investors take a pause on Alphabet shares given changes around AI and the broad ad market.Google -
Inc. - Business
SpaceX, Possibly the Most Valuable Private U.S. Company Ever, Lands Giant Deal to Crash the ISS to Earth
Elon Musk's rocket company is privately held, but new information says the firm could be valued at over $200 billion.
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