Car dealership losses from CDK software outage could soon reach $1 billion, study finds
Direct losses for car dealerships affected in recent weeks by an outage at major software provider CDK Global could total $1 billion if the issue is not resolved soon, new data shows. Michigan-based Anderson Economic Group estimates that if the problems continue into the weekend, it will be the third week of shutdowns, and that […]
Car dealership losses from CDK software outage could reach $1 billion, study finds
Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. Direct losses for car dealerships affected in recent weeks by an outage at major software provider CDK Global could total $1 billion if the issue is not resolved soon, new data shows. Michigan-based Anderson […]
HSBC, Virgin Money and Nationwide customers suffer online banking outage By Reuters – Investing.com
LONDON (Reuters) – Customers of HSBC, Nationwide and Virgin Money (LON:) were unable to use online banking services on Friday, the latest outage to plague an industry that has become increasingly reliant on digital access amid the closure of physical branches. Thousands of HSBC customers in the UK were unable to access online banking services […]
US auto sales projected to slump in June due to disruption from CDK outage
Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. U.S. new vehicle sales are expected to fall this month compared to June 2023 due to an outage at software provider CDK Global that affected dealerships across the country, according to a new report. […]
Massachusetts 911 System Suffers Statewide Outage Caused by Malfunctioning Firewall
On Tuesday afternoon, Massachusetts’ emergency calling system was disrupted across the state due to a firewall failure at Comtech, the state’s 911 vendor. Ars Technical Reports The Massachusetts government issued a press release this week detailing the cause of a two-hour 911 outage that affected the entire state. According to the statement, a preliminary investigation […]
Auto dealers face software outage after provider hit by cyber incidents
See what’s clicking on FoxBusiness.com CDK Global, a company that provides software to car dealerships, has been hit by a second cyber incident within days, causing a nationwide outage. The company notified dealers that it was “again proactively shutting down the majority of our systems” in response to an “additional cyber incident” that occurred Wednesday […]
Massachusetts reveals cause of 911 outage
See what’s clicking on FoxBusiness.com A cybersecurity firewall has been blamed for causing two hours of disruption to Massachusetts’ 911 system. The Massachusetts Department of Public Safety said in a statement that a preliminary investigation conducted by its 911 division and vendor Comtec “determined that the outage was due to the firewall, a safety feature […]
Massachusetts 911 emergency system restored hours after outage, officials say
Massachusetts‘ The 911 system was restored Tuesday, hours after it went down across the state, officials said. State public safety officials announced on social media that the system was back up and running around 3:30 p.m. ET. “Massachusetts’ 911 system has been restored and you can resume calling 911 for emergencies,” the agency wrote to […]
AT&T Cellular Users Report National Outage
(Photo by PAU BARRENA/AFP via Getty Images) Avril Elfi from OANTuesday, June 4, 2024 5:21 PM AT&T customers are experiencing a nationwide outage that makes it impossible to make calls or access the internet. advertisement AT&T users reported issues Tuesday in states including Florida, Georgia and Texas. Officials in Virginia also reported problems and said […]
Google confirms widespread outage affecting search engine
Google said Friday morning it was experiencing a widespread outage affecting its search engine, news feed and other products and indicated it was working on a fix. User reports of outages for Google products spiked around 8 a.m. ET. According to Downdetectora website that tracks online outages. As of 9 a.m. ET, more than 1,000 […]