Cyber Security in Dealerships

Cyber Security in Dealerships

If you’re not adequately prepared, the consequences of a company-wide data breach can be devastating to both your business and your customers.

A new threat is looming as we enter the digital age of connected vehicles and increased technology throughout dealerships. With the abundance of sensitive and confidential information made readily available, comes the risk of cyberattacks and data breaches. Hackers can strike anywhere at any time. It can happen when you least expect it or without knowing. If you’re not adequately prepared, the consequences of a company-wide data breach can be devastating to both your business and your customers. It can compromise your dealership’s reputation and lead to your customers losing trust in your business. The aftermath of a major breach can also lead to thousands lost in revenue and legal fees, creating one massive headache for everyone affected.

When a customer decides to do business with your dealership, they trust you to safeguard the confidential information they provide such as social security numbers, phone numbers, addresses and even credit card numbers. Gone are the days of low-tech security systems and easy-to-remember passwords, which are no match for an experienced and sophisticated cyberhacker. Cybercriminals can easily hack into your accounts and data systems and steal confidential information if you are not adequately protected.

Implementing additional cybersecurity measures in your dealership can seem daunting and overwhelming. Where do you start? How can you properly guard the most vulnerable information your business handles in this tech-driven world?

Consider signing up for an all-encompassing data breach protection plan that includes protection from identity theft and data breaches for your dealerships, employees, customers and families. With pre-breach protection and preparedness services such as complete package ID theft protection and monitoring for dealership owners, employees and members of their immediate family sharing the same address, dark web breach alert monitoring, dark web business credential monitoring, and breach prevention and data security education and training, your dealership will be prepared for almost any cybersecurity threat that may strike.

To guarantee the best value for your dollar, try to seek out a protection plan that also includes breach response services such as breach notification service (instant postal or email notifications to victims), two-year breach victim identity recovery and monitoring services, black market monitoring for victims, 24/7/365 breach response center to report breach events, breach response coordination service, call center coordination service, legal referral service, law enforcement coordination service, and more.

At a low annual cost to your dealership, a data breach and identity theft protection plan such as this will pay for itself and then some in the event your dealership is compromised. By implementing this protection, your customers and employees can remain confident in their decision to work with you and will continue to view you as a reputable dealer and employer. Taking measures to increase your dealership’s cybersecurity will increase your credibility and give your location a competitive edge over other dealers. Be proactive when it comes to your cybersecurity. Don’t wait until it’s too late. Get ahead of the game and arm your dealership with the necessary protection to tackle even the most challenging data breaches.

You May Also Like

High-Tech Solutions: A New Way of Thinking About Paint Touch-Up Products

The automotive paint chip repair products’ journey from simple touch-up solutions to sophisticated repair kits reflects not only the technological progress the industry has made, but also the changing demands of today’s consumer.

Dr. ColorChip paint repair

Like paint chip repair consumers over the decades, today’s buyers seek durable and aesthetically pleasing repairs, but now they have even higher expectations of the process and the result.

As companies vie for dominance in this competitive market, the continuous innovation and improvement of these products underscore the dynamic nature of automotive maintenance and repair.

Why Dealers Should Care About the Coming Auto Insurance Recovery

The anticipated upswing of the auto insurance market in 2024 — and lower insurance rates that come along with it — should have dealers celebrating.

Why Dealers Should Care About the Coming Auto Insurance Recovery - Polly
F&I 2024 Dealer Outlook: How Online Options Will Help Dealers Better Serve Customers

Dealers must find ways to maximize F&I sales opportunities, because in this highly competitive landscape, dealerships rely on the sale of these products to enhance their bottom line and remain competitive.

F&I Outlook from Protective Asset Protection
Is a Vehicle Test Drive Still Relevant Today?

An important part of the process, the test drive is the strongest opportunity to build the customer’s positive emotions around the vehicle.

Is a Vehicle Test Drive Still Relevant Today?
Protect Your Dealership

Thirty-four percent of dealers are still lost concerning certain key components of Safeguards law compliance.

Other Posts

Understanding Your Market: Insights on Customer Retention and Conquest Opportunities

Brand retention and defection numbers can be tough to look at, but they can be a great guide to finding new customers.

Insights on Customer Retention and Conquest Opportunities
Unlocking Service Drive Revenue: The Critical Role of Technician Inspections

The true potential of service consulting lies in recognizing the nuanced art of quality inspections and leveraging it to drive success for both advisors and technicians.

Unlocking Service Drive Revenue: The Critical Role of Technician Inspections
Elevating the FTC Safeguards: Embracing a Defense in Depth Approach

In a serious cyberattack, a single security control may not be able to mitigate all the damage, but multiple controls working in unison can.

Elevating the FTC Safeguards: Embracing a Defense in Depth Approach
How Dealership Texting Software is Changing the Game

Dealership texting software is setting new standards in customer service and sales efficiency, proving to be an indispensable asset in the modern dealership toolkit.

How Dealership Texting Software is Changing the Game - Tecobi