Garnet S. Heraman’s Post

"This action arises out of Defendant CDK Global’s failure to maintain adequate data security measures, which led to the foreseeable event of a data breach followed by the foreseeable injuries..." This is an interesting development, actually. Most data breaches end up with some fine that businesses oftentimes chalk up to the cost of doing business. But if these businesses now get sued by others for negligence and are being perceived as not being good custodians of personal data, this may become the catalyst to establishing #corporatesocialresponsibility which is so desperately needed. Anonybit is well positioned to serve these use cases with our biometrically-enhanced decentralized data vault that (a) eliminates central honeypots of data, giving attackers nothing to find or steal if they do manage to penetrate a network and (b) binds a user's biometric to the stored data set to minimize access points. The decentralized data vault works with any structured or unstructured data set to secure all kinds of sensitive information. This can include document scans, images, crypto tokens, verifiable credentials, videos and general biographic/demographic information. We recently upgraded the data vault to support different workflows. I'd be happy to show a demo to anyone who is interested. #dataprotection #datasecurity #datavault #biometrics #iam #enterprisesecurity #databreach #negligence #privacymatters #innovation #compliance #privacylaw #classaction #autoindustry

Recently, over 15,000 auto dealer service departments confronted a dramatic disruption to their operations as they found their computer system for ordering parts and pricing services was down due to a ransomware attack. Now, a week in, the Dealers have been able to limp along somewhat, operating in a nearly forgotten old-school way. However, a business dependent on computers will most likely see significant losses. Understanding what coverages are essential for your business in case of a cyber incident is vital. Depending on your business size, most state attorney general offices now have requirements for a company when it has a breach, with hefty penalties for not following them. Let's talk more about what you're able to do to protect your business and keep it running. Az Attorney General Incident page: https://lnkd.in/gSiaeiYZ #employeeengagement #retention #retentionstrategies #workforceplanning #workforceplan #workforcedevelopmentstrategy #workforceplanner #workforcestrategy #workforce #workforceplanningstrategy #work #cheaper #affordable #insurance #rates #overhead #expenses #overhead #commercial #business #smallbusines #startup #businessinsurance #businessowner #businessowners #businessownership #ownership #commercialinsurance #insuranceagent #agents #agent #commercialinsure #captive #groupcaptive #singleparentcaptive #risktransfer #privateequity #ebitda #venturecapital #aquisition #finance #equity #capital

The June cyberattack of CDK, the company that provides financial services to car dealers, crippled both the company and thousands of dealers across the country. Now dealers and other businesses that relied on the company are suing claiming, CDK was negligent. This action arises out of Defendant CDK Global’s failure to maintain adequate data security measures, which led to the foreseeable event of a data breach followed by the foreseeable injuries inflicted on the many automotive businesses that rely on CDK Global’s dealer management system,” the latest lawsuit stated. The group is mainly suing over a loss of business. Auto News says data estimates that in the three and a half weeks between when the attack began on June 19th and the apparent end on July 15th, over $1 billion and 56,200 new vehicle sales were lost. The attack had different impacts on each business. Manderbach Ford described how they had to go back to pen and paper for transactions for instance. Manderbach Ford was unable to cut checks through the CDK system, and had to resort to using pen and paper to process sales. It was also unable to access certain rebates and incentives being offered, which further cut into potential sales. Scheduling for vehicle service was also disrupted. DLR Auto Group claims that it couldn’t conduct business for the three weeks CDK was under attack. @laninfotech @glenbenjamin #laninfotech #becybersmart #becyberfit #besafe LAN Infotech, LLC

The auto industry cyberattack is ransomware. This article reports that CDK intends to pay the extortion demands. Will CDK next face liability exposure to all the supply chain car dealerships that are suffering downstream damages? #cyberpreparedness #cybercrisisteam https://lnkd.in/gjWmAxK7

Hot Legal Issues for Car Dealerships (and How to Avoid Them!) Attorney Jim Ganther and industry expert Gil Van Over highlight six lawsuits that should make every dealership sit up and take notice. Here's the core of the cases, and the expert advice to stay safe. Case #1: Data Breaches Are Serious Business The Issue: Franklin Toyota-Scion failed to protect customer data (2008 breach). The Problem: Breaching the FTC Safeguards Rule leads to class-action lawsuits. Take-Home: Protect that customer data at all costs! Case #2: "Best Practices" Pay Off The Issue: A dealership was hit by malware but had excellent data protection in place. The Problem: Despite doing everything right, they were still sued. Take-Home: Even perfect data hygiene may not stop a lawsuit, BUT it minimizes damage and helps your reputation. Case #3: Those Addendums Will Trip You Up The Issue: Ed Napleton Auto Group was sued for hidden add-on products and discriminatory pricing. The Problem: Non-disclosed fees and inconsistent pricing invite legal trouble. Take-Home: Disclose add-ons EARLY. Build policies to avoid discrimination accusations. Case #4: Don't Fudge the Figures The Issue: American Honda Finance Corp. was accused of discrimination due to dealer markups. The Problem: Government agencies are aggressive, even on questionable grounds. Take-Home: Have markup policies in place. Consult your lawyer on risk. Case #5: "Mandatory" Products = Lawsuit The Issue: Grieco Automotive Group was sued for deceptive practices (forcing add-on products). The Problem: Customers MUST have the right to refuse add-ons. Take-Home: Train F&I staff on disclosure. "No" means "No." Case #6: Odometer Fraud is a Crime, Period The Issue: Ohio Mega Group criminally rolled back odometers. The Problem: This isn't just a lawsuit, it's potential jail time. Take-Home: Even seeming 'basics' like mileage matter. Be vigilant. Ganther & Van Over's Ultimate Advice Tone from the Top: Dealership owners set the standard for compliance. Risk Assessments: Know your weak spots before trouble finds them. Clear Written Policies: These are your shield if something goes wrong. Training is KEY: Untrained staff are walking liabilities. Doing good business isn't just about warm feelings, it's your armor against lawsuits and reputation damage. From data breaches to hidden fees, the lawsuits outlined here prove that cutting corners leads to career-ending consequences. Ethical practices, rigorous training, and clear policies are the shields that protect your profits and your future. Not only that, it gives you a competitive advantage by building trust with today's customers Audits Are Your Friends: Find problems internally before the lawyers do. Final Note: Consult an attorney for your dealership's specific legal needs. By: Delano Palmer Director of Training and Development Innovation Financial Services

Hot Legal Issues for Car Dealerships (and How to Avoid Them!) Attorney Jim Ganther and industry expert Gil Van Over highlight six lawsuits that should make every dealership sit up and take notice. Here's the core of the cases, and the expert advice to stay safe. Case #1: Data Breaches Are Serious Business The Issue: Franklin Toyota-Scion failed to protect customer data (2008 breach). The Problem: Breaching the FTC Safeguards Rule leads to class-action lawsuits. Take-Home: Protect that customer data at all costs! Case #2: "Best Practices" Pay Off The Issue: A dealership was hit by malware but had excellent data protection in place. The Problem: Despite doing everything right, they were still sued. Take-Home: Even perfect data hygiene may not stop a lawsuit, BUT it minimizes damage and helps your reputation. Case #3: Those Addendums Will Trip You Up The Issue: Ed Napleton Auto Group was sued for hidden add-on products and discriminatory pricing. The Problem: Non-disclosed fees and inconsistent pricing invite legal trouble. Take-Home: Disclose add-ons EARLY. Build policies to avoid discrimination accusations. Case #4: Don't Fudge the Figures The Issue: American Honda Finance Corp. was accused of discrimination due to dealer markups. The Problem: Government agencies are aggressive, even on questionable grounds. Take-Home: Have markup policies in place. Consult your lawyer on risk. Case #5: "Mandatory" Products = Lawsuit The Issue: Grieco Automotive Group was sued for deceptive practices (forcing add-on products). The Problem: Customers MUST have the right to refuse add-ons. Take-Home: Train F&I staff on disclosure. "No" means "No." Case #6: Odometer Fraud is a Crime, Period The Issue: Ohio Mega Group criminally rolled back odometers. The Problem: This isn't just a lawsuit, it's potential jail time. Take-Home: Even seeming 'basics' like mileage matter. Be vigilant. Ganther & Van Over's Ultimate Advice Tone from the Top: Dealership owners set the standard for compliance. Risk Assessments: Know your weak spots before trouble finds them. Clear Written Policies: These are your shield if something goes wrong. Training is KEY: Untrained staff are walking liabilities. Doing good business isn't just about warm feelings, it's your armor against lawsuits and reputation damage. From data breaches to hidden fees, the lawsuits outlined here prove that cutting corners leads to career-ending consequences. Ethical practices, rigorous training, and clear policies are the shields that protect your profits and your future. Not only that, it gives you a competitive advantage by building trust with today's customers Audits Are Your Friends: Find problems internally before the lawyers do. Final Note: Consult an attorney for your dealership's specific legal needs. By: Delano Palmer Director of Training and Development Innovation Financial Services

Hot Legal Issues for Car Dealerships (and How to Avoid Them!) Attorney Jim Ganther and industry expert Gil Van Over highlight six lawsuits that should make every dealership sit up and take notice. Here's the core of the cases, and the expert advice to stay safe. Case #1: Data Breaches Are Serious Business The Issue: Franklin Toyota-Scion failed to protect customer data (2008 breach). The Problem: Breaching the FTC Safeguards Rule leads to class-action lawsuits. Take-Home: Protect that customer data at all costs! Case #2: "Best Practices" Pay Off The Issue: A dealership was hit by malware but had excellent data protection in place. The Problem: Despite doing everything right, they were still sued. Take-Home: Even perfect data hygiene may not stop a lawsuit, BUT it minimizes damage and helps your reputation. Case #3: Those Addendums Will Trip You Up The Issue: Ed Napleton Auto Group was sued for hidden add-on products and discriminatory pricing. The Problem: Non-disclosed fees and inconsistent pricing invite legal trouble. Take-Home: Disclose add-ons EARLY. Build policies to avoid discrimination accusations. Case #4: Don't Fudge the Figures The Issue: American Honda Finance Corp. was accused of discrimination due to dealer markups. The Problem: Government agencies are aggressive, even on questionable grounds. Take-Home: Have markup policies in place. Consult your lawyer on risk. Case #5: "Mandatory" Products = Lawsuit The Issue: Grieco Automotive Group was sued for deceptive practices (forcing add-on products). The Problem: Customers MUST have the right to refuse add-ons. Take-Home: Train F&I staff on disclosure. "No" means "No." Case #6: Odometer Fraud is a Crime, Period The Issue: Ohio Mega Group criminally rolled back odometers. The Problem: This isn't just a lawsuit, it's potential jail time. Take-Home: Even seeming 'basics' like mileage matter. Be vigilant. Ganther & Van Over's Ultimate Advice Tone from the Top: Dealership owners set the standard for compliance. Risk Assessments: Know your weak spots before trouble finds them. Clear Written Policies: These are your shield if something goes wrong. Training is KEY: Untrained staff are walking liabilities. Doing good business isn't just about warm feelings, it's your armor against lawsuits and reputation damage. From data breaches to hidden fees, the lawsuits outlined here prove that cutting corners leads to career-ending consequences. Ethical practices, rigorous training, and clear policies are the shields that protect your profits and your future. Not only that, it gives you a competitive advantage by building trust with today's customers Audits Are Your Friends: Find problems internally before the lawyers do. Final Note: Consult an attorney for your dealership's specific legal needs. By: Delano Palmer Director of Training and Development Innovation Financial Services

It seems like the automotive industry is facing a lot of challenges right now, and it’s only going to get uglier with lawsuits and negative press. That’s why it’s more important than ever to make sure your dealership is compliant with all applicable regulations. You need to be able to prove to your customers that you’re protecting their personal information, and that you have the systems and processes in place to do so. One way to do this is to offer Aura as a benefit to customers who purchase a vehicle from your dealership. Aura provides identity theft protection, credit monitoring, and other services that can help protect your customers from fraud. You should also use technology to your advantage. Gather.Technology can verify your customers’ identities and their personal auto insurance coverage. This can help you to prevent fraud and reduce your risk. Finally, you need to lock down your dealership’s IT systems and implement a comprehensive cyber risk solution. This will help you to protect your customers’ data from hackers and other criminals. getarmd.com By taking these steps, you can help to build your pipeline of good, solid leads and demonstrate to your customers that you’re a trustworthy dealership. Global F&I Solutions LLC Gather.Technology Aura getarmd.com https://lnkd.in/e_HuSgCb.

its stuff like this why i have trust issues .... bottom line is, if tech is involved, its collecting your data, and your data is being sold. from the new app you downloaded to your new or semi new vehicle you bought... have a rumba? unless you taken the precautions, thats collecting some data on you too. ANYTHING smart related its harvesting your data and someone is selling it. am I wrong ? #protectyourself #secureyourdata #mindyournetwork

Hot Legal Issues for Car Dealerships (and How to Avoid Them!) Attorney Jim Ganther and industry expert Gil Van Over highlight six lawsuits that should make every dealership sit up and take notice. Here's the core of the cases, and the expert advice to stay safe. Case #1: Data Breaches Are Serious Business The Issue: Franklin Toyota-Scion failed to protect customer data (2008 breach). The Problem: Breaching the FTC Safeguards Rule leads to class-action lawsuits. Take-Home: Protect that customer data at all costs! Case #2: "Best Practices" Pay Off The Issue: A dealership was hit by malware but had excellent data protection in place. The Problem: Despite doing everything right, they were still sued. Take-Home: Even perfect data hygiene may not stop a lawsuit, BUT it minimizes damage and helps your reputation. Case #3: Those Addendums Will Trip You Up The Issue: Ed Napleton Auto Group was sued for hidden add-on products and discriminatory pricing. The Problem: Non-disclosed fees and inconsistent pricing invite legal trouble. Take-Home: Disclose add-ons EARLY. Build policies to avoid discrimination accusations. Case #4: Don't Fudge the Figures The Issue: American Honda Finance Corp. was accused of discrimination due to dealer markups. The Problem: Government agencies are aggressive, even on questionable grounds. Take-Home: Have markup policies in place. Consult your lawyer on risk. Case #5: "Mandatory" Products = Lawsuit The Issue: Grieco Automotive Group was sued for deceptive practices (forcing add-on products). The Problem: Customers MUST have the right to refuse add-ons. Take-Home: Train F&I staff on disclosure. "No" means "No." Case #6: Odometer Fraud is a Crime, Period The Issue: Ohio Mega Group criminally rolled back odometers. The Problem: This isn't just a lawsuit, it's potential jail time. Take-Home: Even seeming 'basics' like mileage matter. Be vigilant. Ganther & Van Over's Ultimate Advice Tone from the Top: Dealership owners set the standard for compliance. Risk Assessments: Know your weak spots before trouble finds them. Clear Written Policies: These are your shield if something goes wrong. Training is KEY: Untrained staff are walking liabilities. Doing good business isn't just about warm feelings, it's your armor against lawsuits and reputation damage. From data breaches to hidden fees, the lawsuits outlined here prove that cutting corners leads to career-ending consequences. Ethical practices, rigorous training, and clear policies are the shields that protect your profits and your future. Not only that, it gives you a competitive advantage by building trust with today's customers Audits Are Your Friends: Find problems internally before the lawyers do. Final Note: Consult an attorney for your dealership's specific legal needs. By: Delano Palmer Director of Training and Development Innovation Financial Services