Car retail sector must bolster cyber defences as attack threat ramps-up

RSM has urged car dealers across the UK to prioritise enhanced cyber security in response to increasing concern around the number of cyber-attacks across the sector.

Its advice comes just weeks after AM100 PLC Pendragon revealed that it had become motor retail’s latest victim to hackers, with reports suggesting the car retail group had been issues with a $60 million (£53m) ransom demand.

While The Times reported that Pendragon had remained defiant, refusing to take part in discussions about payment and instead taking steps to ramp-up the protection of its IT systems, RSM points out that car retailers need to minimise their vulnerability to attacks.

Falanx Group plc (LON:FLX) is an AIM-listed security and intelligence provider based in London in the United Kingdom. Falanx Group is a team of security professionals and technology experts who work in close partnership with our clients to help them defend against a wide range of global security threats.

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