Don’t Think You Are Flying Under the Radar Headline-making data breaches typically occur at large, well-known companies, but that doesn’t mean your dealership can rest easy. Fraud criminals are constantly looking for the easiest marks, and sizeable transaction volumes combined with disparate systems make dealerships particularly vulnerable. Take protection measures seriously to avoid being a victim. Can I Afford to Ignore Cybercrime? A serious cybercrime attack can be crippling. A ransomed network, infected server, or compromised bank account can be as much of a disaster as a flood or fire. As more dealerships rely on digital customer interactions and transactions, the benefits of protecting your dealership, your data, and your finances from fraudulent activity have never been greater. Don’t Let Cybercriminals Steal Your Business Talk to your relationship manager or treasury consultant to discuss your business plans and your dealership’s fraud defenses, including ways to mitigate damages through McGriff Automotive insurance policies. Keep up with the digital buying transformation. Talk to your Truist Dealer Services Officer about how Truist can help you build out your digital buying journey. Go to Truist.com for more details. Sources 1. “2021 AFP Payments Fraud and Control Survey Report”, Association for Financial Professionals (AFP), 2021. 2. “Fraud in the Wake of COVID-19: Benchmarking report”, Association for Certified Fraud Examiners, 2020. 3. “Cost of a Data Breach Report 2021”, IBM/Ponemon Institute. 4. “Datto’s Global State of the Channel Ransomware Report”, 2020. 5. “Ransomware Demands continue to rise as Data Exfiltration becomes common, and Maze subdues”, Coveware, accessed 12/15/2020. 6. “2019 Consumer Survey: Trust and Accountability in the era of Data Misuse”, Ping Identity. Zurich is the engine that turbocharges your F&I results. Our agility, experienced team, innovative mind-set, and industry knowledge accelerate your evolution and drive you toward a bright future. Let Zurich accelerate your growth and help protect your legacy. zurichna.com/dealer Contact Colleen Rogers at 708-846-9061 for more information. zurichna.com/dealer Get in the passing lane with Zurich Universal Underwriters Service Corporation (UUSC), an individual member company of Zurich in North America, is the issuing provider and administrator of Zurich’s vehicle service contracts in all states except Florida. In Florida, the issuing provider and administrator is Vehicle Dealer Solutions, Inc. (FL License #60132). In California and New York, UUSC operates under its d/b/a UUSC Service Company (CA License #0C17302). Undue reliance should not be placed on anything herein that might be considered to be a forward-looking statement possibly indicative of future events, trends, plans, developments, results or objectives. As statement such as those, by their nature, are subject to known and unknown risks, unforeseen developments and uncertainties. 23
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