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AutoCanada Provides Update On Cyber Security Incident
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AutoCanada Provides Update On Cyber Security Incident
Jun 25, 2024 4:50 AM

07:15 AM EDT, 06/25/2024 (MT Newswires) -- AutoCanada ( AOCIF ) overnight Monday said it was experiencing a cyber incident and had shut down most of its systems, including the systems necessary to support its dealer management system (DMS).

The DMS, which supports its dealership operations, including sales, service, inventory, and accounting functions, is part of the CDK Global platform. According to media reports, the cyber event happened on June 19th.

AutoCanada ( AOCIF ) has taken precautionary measures to protect its systems and so far, the company has not identified any compromise or unauthorized access to its systems. Still, "this incident has had, and is likely to continue to have, a negative impact on the company's business operations until the relevant systems are fully restored," the statement said.

The company has not yet determined the full scope and impact of this event. Its dealerships remain open, and customer service will continue "through manual and alternative processes."

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