Sonic Automotive, Inc. (SA8A.F)
- Bloomberg
CDK Hackers Want Millions in Ransom to End Car Dealership Outage
(Bloomberg) -- A group that claims to have hacked CDK Global, 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.Most Read from BloombergRussia Is Storing Up a Crime Wave When Its War on Ukraine EndsNvidia Sales Grow So Fast That Wall Street Can’t Keep UpCDK Hackers Want Millions in Ransom to End Car Dealership OutageDubai Real Estate’s Resilience May Signal End of Boom-Bust Cy
- Reuters
Group claiming CDK systems hack demands millions of dollars, Bloomberg News reports
The auto retail technology and software provider planned to pay the ransom, Bloomberg News reported. CDK has said it experienced a cyber incident on Wednesday. Although it did not directly comment on the Bloomberg report, the company in an emailed statement on Saturday said it launched an investigation by experts, notified law enforcement and has begun the restoration process.
- Simply Wall St.
A Look At The Fair Value Of Sonic Automotive, Inc. (NYSE:SAH)
Key Insights The projected fair value for Sonic Automotive is US$63.85 based on 2 Stage Free Cash Flow to Equity Sonic...
