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Eagers Automotive halts buying and selling in response to cyberattack


Eagers Automotive has introduced it suffered a cyberattack and was pressured to halt buying and selling on the inventory alternate because it evaluates the influence of the incident.

Eagers Automotive is the biggest operator of automotive dealerships in Australia and New Zealand, with over 300 promoting factors for manufacturers similar to Toyota, BMW, Nissan, Mercedes-Benz, Audi, Ford, VW, and Honda. It additionally owns a lot of subsidiaries centered on second-hand gross sales.

The corporate employs 8,500 individuals, and within the first half of 2023, it reported revenues of AU$4.82 billion (USD$3.25 billion).

On December 27, 2023, Eagers Automotive introduced it must halt all buying and selling operations to handle disclosure obligations regarding the cybersecurity incident.

As we speak, a second announcement provided extra perception relating to the scenario, noting that the incident has impacted a number of of its methods throughout Australia and New Zealand.

“The outage is presently impacting our IT methods in some working areas throughout Australia and New Zealand, however the full extent of the cyber incident can’t but be ascertained,” reads the media launch.

“Exterior consultants have been appointed to assist our response and an pressing investigation is underway.”

Eagers Automotive notified the Australian Cyber Safety Centre and the New Zealand Nationwide Cyber Safety Middle of the incident.

Because of the measurement of the corporate and the kind of its enterprise, there’s concern about the potential for an information breach impacting many shoppers, probably exposing delicate monetary info.

Whereas the corporate expressed remorse for inconveniencing prospects and emphasised the significance of safeguarding buyer and worker knowledge, it didn’t explicitly handle the potential for an information leak within the media assertion.

When penning this, no main ransomware teams assumed duty for an assault at Eagers Automotive.

Simply yesterday, Yakult Australia confirmed that it’s investigating a cyber-attack that occurred earlier this month following the leak of 95GB of allegedly stolen knowledge by a brand new DragonForce ransomware group.

Final week, the Akira ransomware gang claimed an assault on Nissan Australia that the agency disclosed in early December, which continues to be beneath lively remediation and investigation.

A number of different massive Australian companies impacted by cyberattacks earlier this yr embrace DP World, Pizza Hut Australia, Dymocks Booksellers, the College of Sydney, HWL Ebsworth, Latitude Monetary, Hearth Rescue Victoria, and the Queensland College of Know-how.

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