AutoCanada announces cybersecurity breach, earnings hit by previous incident

Autocanada Inc. News

AutoCanada announces cybersecurity breach, earnings hit by previous incident
Cybersecurity BreachCDK GlobalPaul Antony
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 44 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the...

EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.

The breach follows a June cyberattack against CDK Global, a company that provides software for thousands of auto dealers in the U.S. and Canada, that led to major disruptions.AutoCanada says the CDK outage lasted from June 19 to July 1, but that it took until the end of July to have the software running back to normal, leading to lost sales and other costs for AutoCanada.

Along with the CDK outage, AutoCanada also faced higher vehicle inventory levels and financing costs, while rising unemployment and the economic slowdown have created increased consumer uncertainty, said Antony. In his first solo appearance as the Democratic vice presidential nominee, Minnesota Gov. Tim Walz warned cheering union members Tuesday that Donald Trump would wage war on working people and threaten Medicare and Social Security as he kicked off a five-state fundraising swing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Cybersecurity Breach CDK Global Paul Antony Autocanada

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AutoCanada announces cybersecurity breach, earnings hit by previous incidentAutoCanada announces cybersecurity breach, earnings hit by previous incidentEDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
Read more »

One-woman shows flourish at this year’s Edmonton fringe festivalOne-woman shows flourish at this year’s Edmonton fringe festivalArtists and shows at the Edmonton International Fringe Theatre Festival are as varied and eclectic as ever, though attendees may notice a plethora of one-woman productions.
Read more »

Alberta manhunt: 1 murder suspect arrested in Edmonton, other still on the runAlberta manhunt: 1 murder suspect arrested in Edmonton, other still on the runElijah Blake Strawberry, 28, has been identified as one of the suspects wanted in a rural shooting near Calgary that left a county employee dead and a utility worker injured.
Read more »

Edmonton man arrested and charged with murder, another identified in fatal shooting east of CalgaryEdmonton man arrested and charged with murder, another identified in fatal shooting east of CalgaryOne suspect has been arrested and charged and another has been identified in connection with a fatal shooting east of Calgary last week.
Read more »

St. Louis Blues tender offer sheets to Edmonton Oilers defenceman Broberg, forward HollowaySt. Louis Blues tender offer sheets to Edmonton Oilers defenceman Broberg, forward HollowayThe St. Louis Blues have tendered offer sheets to Edmonton Oilers defenceman Philip Broberg and forward Dylan Holloway.
Read more »

Community-run Edmonton Elks being sold to private owner Larry Thompson, source saysCommunity-run Edmonton Elks being sold to private owner Larry Thompson, source saysWith Thompson taking over, the CFL now has just two community-owned franchises – the Saskatchewan Roughriders and Winnipeg Blue Bombers
Read more »



Render Time: 2025-02-19 20:48:21