CDK Global investigating cyber incident, briefly shut all systems (updated)

Brookfield Business Partners LP

19/06/2024 23:25

(Adds response from Ford in paragraph 7)
       June 19 (Reuters) - Retail technology and software
provider CDK Global was investigating a cyber incident and had
briefly shut down all its systems proactively, it said on
Wednesday.
    The company, which provides software to car dealerships,
said its core dealer management system and digital retailing
solutions had been restored. It said it also had tested and
consulted with external third-party experts after the incident.
    "We are continuing to conduct extensive tests on all other
applications, and we will provide updates as we bring those
applications back online," CDK said in an emailed statement to
Reuters.
    CDK's systems first went down around 2:00 a.m. EDT (0600
GMT) and some functions began to come back online by Wednesday
afternoon, according to a report by  Bloomberg News.
    The company was bought by investment firm Brookfield
Business Partners in April 2022 for $6.41 billion in a cash deal
that took private the last major publicly traded provider of
software to auto dealers and manufacturers.
    "We are aware of a reported CDK outage. We are currently
evaluating any impact on our Ford Dealers," Ford Motor  F.N 
told Reuters in an emailed statement.
    General Motors  GM.N  and BMW  BMWG.DE  did not immediately
respond to Reuters requests for comment sent outside regular
U.S. business hours on whether the cyber incident had affected
their dealerships.

 (Reporting by Juveria Tabassum; Editing by Josie Kao and Leslie
Adler)
 ((Juveria.Tabassum@thomsonreuters.com;))