Operations, Trading of Eagers Automotive Disrupted by Cyberattack

Eagers Automotive, a vehicle dealer in Australia and New Zealand, announced this week that some of its operations have been disrupted as a result of a cyberattack that forced the company to halt trading on the Australian Securities Exchange.
The company announced a pause in trading on December 27 and revealed the next day that the cause was a cybersecurity incident that resulted in an outage of certain IT systems at some operational locations across Australia and New Zealand.
Eagers Automotive said a majority of dealerships remain open and continue to trade, with the incident mainly impacting the company's ability to finalize transactions for new vehicles that have already been sold and are ready for delivery.
Service and parts operations have also been impacted to a certain extent.
Eagers Automotive is now trying to determine whether any personal information has been compromised as a result of the incident.
The car dealer has promised to notify affected individuals if it discovers a data breach.
Eagers Automotive has not shared any information on the attack itself based on its brief description, it may have been a ransomware incident.
No known ransomware group appears to have taken credit for the attack as of December 29.


This Cyber News was published on www.securityweek.com. Publication date: Fri, 29 Dec 2023 10:43:05 +0000


Cyber News related to Operations, Trading of Eagers Automotive Disrupted by Cyberattack

Eagers Automotive halts trading in response to cyberattack - Eagers Automotive has announced it suffered a cyberattack and was forced to halt trading on the stock exchange as it evaluates the impact of the incident. Eagers Automotive is the largest operator of car dealerships in Australia and New Zealand, with ...
10 months ago Bleepingcomputer.com
Operations, Trading of Eagers Automotive Disrupted by Cyberattack - Eagers Automotive, a vehicle dealer in Australia and New Zealand, announced this week that some of its operations have been disrupted as a result of a cyberattack that forced the company to halt trading on the Australian Securities Exchange. The ...
10 months ago Securityweek.com
Binary Options Trading Signals: A Deep Dive - Binary options trading, a form of financial trading where the payout is either a fixed amount or nothing at all, has seen significant growth in popularity. Central to this growth is the development and use of sophisticated trading signals. These ...
10 months ago Feeds.dzone.com
Top Cyber Threats Automotive Dealerships Should Look Out For - Automotive dealerships are attractive targets for hackers. A combination of storing lots of sensitive customer data, handling large financial transactions, increased dependence on digital technologies and a perception of immature cybersecurity all ...
9 months ago Securityboulevard.com
Understanding Each Link of the Cyberattack Impact Chain - It's often difficult to fully appreciate the impact of a successful cyberattack. Other consequences aren't so obvious - from a loss of customer trust and potential business to stolen data that may surface as part of another cyberattack years later. ...
11 months ago Securityboulevard.com
Memorial University recovers from cyberattack, delays semester start - The Memorial University of Newfoundland continues to deal with the effects of a cyberattack that occurred in late December and postponed the start of classes in one campus. MUN is the largest public university in Atlantic Canada, with an academic and ...
10 months ago Bleepingcomputer.com
OT Cybersecurity for Automotive Industry - OT systems are ubiquitous across all critical infrastructure industries, such as Oil and Gas, Automotive, Energy, Water Utilities, and Transportation. OT infrastructure is very vital to any nation's security to ensure the delivery of essential ...
11 months ago Feeds.dzone.com
VicOne Partners With 42Crunch to Deliver Comprehensive Security Across SDV and Connected-Vehicle Ecosystem - PRESS RELEASE. DALLAS and TOKYO, May 29, 2024- VicOne, an automotive cybersecurity solutions leader, today announced a partnership with 42Crunch to enhance the security of application programming interfaces for the software-defined vehicle and ...
5 months ago Darkreading.com
Pwn2Own Automotive: $1.3M for 49 zero-days, Tesla hacked twice - The first edition of Pwn2Own Automotive has ended with competitors earning $1,323,750 for hacking Tesla twice and demoing 49 zero-day bugs in multiple electric car systems between January 24 and January 26. Throughout the contest organized by Trend ...
9 months ago Bleepingcomputer.com
Automotive Industry Under Ransomware Attacks: Proactive Measures - Ransomware has become a highly profitable industry, with major players like Conti Ransomware and Evil Corp leading the way. Although these entities are not publicly traded and do not report earnings to regulatory bodies like the SEC, it is estimated ...
10 months ago Cysecurity.news
Cyberattack on health services provider impacts 5 Canadian hospitals - A cyberattack on shared service provider TransForm has impacted operations in five hospitals in Ontario, Canada, impacting patient care and causing appointments to be rescheduled. TransForm is a not-for-profit, shared service organization founded by ...
11 months ago Bleepingcomputer.com
Vans owner discloses digital break-in, disrupted operations The Register - A digital break-in has disrupted VF Corp's operations and its ability to fulfill orders, according to the apparel and footwear giant. VF detected the IT system intrusion on December 13, according to a spokesperson and a report filed with the US ...
11 months ago Go.theregister.com
49 unique zero-days Uncovered in Pwn2Own Automotive - On the final day of Pwn2Own Automotive 2024 - Day 3, researchers were granted $1,323,750 in rewards for identifying 49 distinct zero-days. Particularly, the infotainment system and modem of Tesla were attacked by the Synacktiv team, and each ...
9 months ago Cybersecuritynews.com
Integrating cybersecurity into vehicle design and manufacturing - In this Help Net Security interview, Yaron Edan, CISO at REE Automotive, discusses the cybersecurity landscape of the automotive industry, mainly focusing on electric and connected vehicles. Edan highlights the challenges of technological ...
9 months ago Helpnetsecurity.com
Achieving Automated TISAX Compliance - In its 2024 Automotive Cybersecurity Report, Upstream found that 50% of all automotive cyber incidents in 2023 had a high or massive impact. International institutions are taking steps to help automotive organizations defend themselves against black ...
5 months ago Tripwire.com
Qilin ransomware claims attack on automotive giant Yanfeng - The Qilin ransomware group has claimed responsibility for a cyber attack on Yanfeng Automotive Interiors, one of the world's largest automotive parts suppliers. Yanfeng is a Chinese automotive parts developer and manufacturer focused on interior ...
11 months ago Bleepingcomputer.com
Guardians of Finance: loanDepot Confronts Alleged Ransomware Offensive - Among the leading lenders in the United States, loanDepot has confirmed that the cyber incident it announced over the weekend was a ransomware attack that encrypted data. In the United States, LoanDepot is one of the biggest nonbank mortgage lenders. ...
10 months ago Cysecurity.news
Mortgage giant Mr. Cooper hit by cyberattack impacting IT systems - U.S. mortgage lending giant Mr. Cooper was breached in a cyberattack that caused the company to shut down IT systems, including access to their online payment portal. Mr. Cooper is a mortgage lending company based out of Dallas, Texas, that employs ...
11 months ago Bleepingcomputer.com
Nissan is investigating cyberattack and potential data breach - Japanese car maker Nissan is investigating a cyberattack that targeted its systems in Australia and New Zealand, which may have let hackers access personal information. Details of the attack have not been published but the company informed customers ...
11 months ago Bleepingcomputer.com
Pig Butchering: Fake Trading Apps Target Crypto on Apple, Google Play Stores - Pig Butchering scam targets crypto users with fake trading apps on Apple and Google Play Stores. These apps, found on Apple’s App Store and Google Play, and on phishing sites, are part of a Pig Butchering scam targeting cryptocurrency investors ...
1 month ago Hackread.com
‘Pig butchering’ trading apps found on Google Play, App Store - Group-IB also warns that the UniShadow Trade apps can mimick a variety of legitimate cryptocurrency and trading platforms, providing the following extensive list with potential names that could be used in impersonation attempts. Fake trading ...
1 month ago Bleepingcomputer.com
Health Care Network in Crisis: Cyberattack Shuts Down Operations Across US - In a statement released Thursday evening by Ascension Hospital, a nonprofit network based in St. Louis with 140 hospitals across 19 states, it was also reported that electronic health records, some phone systems, as well as several systems used to ...
6 months ago Cysecurity.news
Long Beach, California turns off IT systems after cyberattack - The Californian City of Long Beach is warning that they suffered a cyberattack on Tuesday that has led them to shut down portions of their IT network to prevent the attack's spread. Long Beach is the home to approximately 460,000 people and is the ...
11 months ago Bleepingcomputer.com
Ace Hardware says 1,202 devices were hit during cyberattack - Ace Hardware confirmed that a cyberattack is preventing local stores and customers from placing orders as the company works to restore 196 servers. Ace Hardware is a hardware store retailer-owned cooperative that operates 17 distribution centers and ...
11 months ago Bleepingcomputer.com
The reality of hacking threats in connected car systems - The automotive industry faces new cybersecurity challenges as vehicles become more connected. All parties in the manufacturing supply chain should follow key principles for vehicle cybersecurity, such as organizational security, risk assessment and ...
10 months ago Helpnetsecurity.com

Latest Cyber News


Cyber Trends (last 7 days)


Trending Cyber News (last 7 days)