Cyber Attack Crisis: Why More Companies Are at Risk Than Ever Before
Download MP3Introduction
- Recap of our recent discussion on the CDK hack impacting car dealerships.
- Wall Street Journal’s latest article on industry-wide cyber risks.
Main Discussion
- Global Hack Insight:
- The risks of having one or a few software vendors dominate an industry.
- Impact on various sectors: Insurance, banking, etc.
- Industry-Specific Examples:
- Car Dealerships:
- CDK hack affected 15,000 dealerships, leading to significant operational disruptions.
- Over 100,000 cars potentially unsold in June due to the hack.
- Service Repairs:
- Challenges faced by service departments needing to re-enter handwritten repair orders.
- Car Dealerships:
Cybersecurity Considerations
- Assessing Industry Risks:
- Importance of evaluating your industry’s vulnerability to cyber attacks.
- Role of large platform vendors as prime targets for hackers.
- Cyber Defense Strategy:
- Consideration of upstream and downstream suppliers.
- Ensure your cyber insurance covers third-party breaches.
- Importance of verifying vendors' cyber insurance and active monitoring.
- Impact on merchant accounts and the necessity of backup plans.
Expert Consultation
- Access to Professionals:
- One-on-one consultations available with licensed experts including:
- Private investigators
- Commercial insurance brokers
- Real estate title examiners
- Civil court mediators
- Building general contractors
- How to arrange consultations at ActualHuman.com
- One-on-one consultations available with licensed experts including:
Conclusion
- Summary of key points on cybersecurity preparedness and the importance of having a robust response plan.
- Encouragement to seek expert advice for personalized solutions.
For more information and to schedule a consultation, visit ActualHuman.com.
