Cyberattacks on auto dealerships have been on the rise in recent years. Auto dealerships are becoming increasingly digitized, and as a result, they are becoming more vulnerable to cyberattacks. Here are some statistics that demonstrate the rise in cyberattacks on auto dealerships:

The average cost of a data breach for an automotive dealership can vary depending on several factors, such as the type and scope of the breach, the size and location of the dealership, and the amount and type of data compromised. However, according to a 2020 report by IBM and the Ponemon Institute, the average cost of a data breach for the automotive industry was $4.5 million, which includes direct and indirect costs such as investigation, legal fees, lost business, and reputational damage. It's important to note that the cost of a data breach can be even higher for smaller businesses, such as individual dealerships, as they may not have the same resources or security measures in place as larger organizations.

According to a report by KPMG, auto dealerships are now one of the top targets for cybercriminals. In 2020, the auto retail industry was ranked as the third-highest industry in terms of the number of reported cyberattacks.

A report by Bitdefender found that automotive organizations were targeted in over 20% of all cyberattacks in 2020. This is a significant increase from the previous year, where automotive organizations were targeted in only 8% of all cyberattacks.

The National Automobile Dealers Association (NADA) has reported that over 80% of auto dealerships have experienced some form of cyberattack, with the most common being ransomware attacks.

A study by Juniper Research found that the total cost of cybercrime to the global automotive industry is expected to reach $11 billion by 2023.

These statistics demonstrate that cyberattacks on auto dealerships are a growing concern and that it is becoming increasingly important for auto dealerships to implement robust cybersecurity measures to protect themselves from these attacks.

91% of all dealerships cyber-attacks come from phishing emails.

Phishing emails are fraudulent messages designed to trick individuals into revealing sensitive information, such as login credentials or financial information. It's important to be cautious and not provide sensitive information via email. It's always a good idea to double-check the sender's email address and to verify any requests with the appropriate company or department before acting. Here are a few examples of phishing emails:

"Urgent Request from a Customer" - This email may appear to be from a customer who is interested in purchasing a car and asks for sensitive information such as the dealership's credit card processor, payment processing procedures or even bank account details. The email may contain a sense of urgency or a request for an immediate response to try and catch the dealership off guard.

"IT Security Alert" - This email may appear to be from the dealership's IT department or an outside security company and may request that the dealership click on a link or download a file to install new security software. Once the link or file is opened, it could install malware onto the dealership's computer system, giving the hackers access to sensitive information.

"Manufacturer Recall" - This email may appear to be from a well-known car manufacturer and inform the dealership of a recall on a certain model. The email may request that the dealership click on a link to access more information, but the link could instead take the dealership to a fake website designed to capture login credentials or other sensitive information.

"Suspicious Account Activity" - This email may appear to be from the dealership's bank or financial institution and inform the dealership of suspicious activity on their account. The email may ask the dealership to click on a link to verify their account information or provide personal details such as social security numbers, login credentials or other sensitive information.