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The CDK Cyber Attack Debacle Did Not Have to Happen
Manage episode 425827053 series 3352213
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At our core, we are car people. We are upset to witness what’s happening to our fellow car people at CDK dealerships. This fact is the driver for this week’s episode.
While the CDK cyber attack is causing major disruption to sales, service and parts, there will be even more challenging times ahead for the accounting departments at each store. They will be tasked with booking all the transactions, making them balance and collect all the monies owed.
Let this be a lesson for all the large vendors that don’t have their cybersecurity house in order. Lessons seem to repeat themselves in the car business and we hope this will be one time when actions will be strong enough to avoid anything like this happening again.
Kathi’s post she references in the pod: The CDK Cyber Attack Recovery Will Fall Squarely on The Accounting Office
Music segment:
Podcast: Three Castles Burning: Red Roses For Me with Spider Stacy and James Fearnely (from The Pogues)
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Kathi: kathi@krusecontrolinc.com
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