It’s been a crazy year for the automotive industry. Over the summer, a ransomware incident affected thousands of dealers nationwide. In the aftermath of that incident, we noticed a dramatic spike in cyber-attacks targeting dealerships. If those threats weren’t enough, dealers in certain parts of the country were also affected by hurricanes Helene and Milton. [...]
It’s human nature to display caution when dealing with the unknown. Facing something we don’t completely understand can be scary. It’s why, as children, we’re afraid of trying new vegetables (looking at you, brussels sprouts) or finding monsters lurking in the dark. Back then, the monster in the dark typically ended up being nothing more [...]
In the ever-evolving world of cybersecurity, training is not just a "nice to have"—it's an essential part of staying ahead of potential threats. However, we hear some common misconceptions about cyber training from many of our customers that could hinder your team's effectiveness. Let's debunk the 3 most common training myths: Myth #1: One [...]
You might be asking yourself, what does a cybersecurity culture even look like? It looks a little like this: Your designated information security team receives emails from employees notifying them of potentially suspicious emails daily. This means your team knows how to spot suspicious emails and how to report them. Instead of blindly clicking that [...]
Despite their differences, cybersecurity and compliance are interconnected. A robust cybersecurity strategy often supports compliance efforts, and achieving compliance typically requires implementing certain cybersecurity measures. You strike a balance, ensuring they are both secure against threats and compliant with regulations. Learn more about leveraging both to keep your dealership secure.
Once upon a time, technical attacks were a dealership’s biggest foe. But more and more, cybercriminals rely on stolen identities to gain access to an organization’s systems. In fact, 80 percent of attacks involved compromised identity or credentials. Here are the common identity-based attacks that could be threatening your dealership:
When you think of securing a digital account, what’s the first thing that pops into your head? A password! From Amazon to Facebook, passwords are the tried and true line of defense for your accounts. What you may not know is poor password management can represent a large risk and overlooked costs for your business.
What is cyber insurance? And why does your dealership need it? To have the best program possible, your dealership should have: a strong IT foundation, followed by an up-to-date, monitored cybersecurity program, clearly followed and maintained compliance standards, and cyber insurance. You can’t have one without the other.
Cyber insurance prices have been growing at an alarming rate. You may have experienced premium increases of 250 percent or more compared to a few years ago. We'll guide you through what is driving the crazy increases, how to become a “good risk”, and setting up a business for the lowest premiums.
NADA is just around the corner! The average increase in cyber insurance premiums has soared to over 250 percent in the last few years. In the session, you’ll learn how you can evaluate risk, protect your dealership, and ensure you qualify for the lowest possible premiums. So why not stop by and see how you can save some money?
