Compliance with all requirements within the FTC Safeguards Rule was due June 9, 2023. FTC SAFEGUARDS COMPLIANCE PACKAGE Cyber attackers have declared war on the auto industry Only 53% of polled auto dealers are confident in their security 17% of dealers experienced a cyber-attack or incident in the past year $740,144 average ransom amount demanded 84% of consumers polled would not purchase another vehicle from a dealership if their data was breached We´ve got you covered of dealers that chose to become compliant with the FTC Safeguards saw significant improvement of their security after those efforts. OCD Tech secures dealerships with services catered to your unique needs. of auto dealers that signed on for a year of our services have renewed for another year. 75% 100% Additional Benefits Meet security best practices Safeguard against a data breach Safeguard against a ransomware attack Ensure you qualify for cyber insurance coverage Reduce cyber insurance premiums Satisfy the majority of local state data protection and privacy laws BE SECURE NOT JUST COMPLIANT ftc@ocd-tech.com As always, it’s important to stay vigilant. There are a lot of tools out there today that can help align you with security best practices and become compliant with data privacy and protection requirements. But, it’s important as a business leader to ask the difficult questions and demand answers in a language you understand. Know your weaknesses, because your adversaries sure do. And it’s not all doom and gloom. It’s about fostering a culture of cybersecurity awareness. Remind employees about the importance of cybersecurity awareness during department meetings. Ask your IT staff or third-party provider for metrics on your cybersecurity performance. Cybersecurity is a necessity these days, but as we’ve seen with this attack — it can also become your competitive edge. Some of our clients using CDK have inquired about alternative DMS solutions, and competitors in the market are so inundated with requests, one is actually declining to schedule demos. In a market with plenty of competition, a cyberattack can be make-or-break for your business. Robbie is the director of advisory services at OCD Tech. Robbie joined the firm in May of 2016. Prior to working at OCD Tech, Robbie worked in IT for other companies, including the heavily regulated casino industry. He oversees security assessments as well as government compliance services, including DFARS, NIST and CMMC for organizations in the Defense Industrial Base. Robbie has a diverse range of experience in the IT field, with a deep background in IT systems administration and control areas. Robbie presents regularly at events and contributes to security-related publications. 14
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