Case Study

Auto Dealerships are Susceptible to Cyber Attacks

Auto Dealerships are Susceptible to Cyber Attacks

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Big Data Because of the interconnected systems between car dealerships and other entities (including lendors) and the way data is stored, it is easier for hackers to obtain financial information, driving records and consumer information. For instance, a hacker was able to break in and capture personal and financial information of the dealerships customers due to the lack of adequate systems to protect this information. With cyber liability coverage, the dealership was reimbursed for notification costs as well as legal, data restoration and IT vulnerability remediation expenses. Automotive Complexity A cyber hacker in a coffee shop across the street from a car dealership was able to pry on the 20-30 bugs woven inside the automobiles lines of code (LOC). The LOC were damaged in s

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