From Our RouteOne Security Team.

Your dealership’s credit application system and dealership management system (DMS) contain large amounts of customer data, and your dealership is responsible for maintaining the privacy of this sensitive information.

Compromise of this data may be costly to a dealership both in higher costs and lower sales due to:

From Our RouteOne Security Team: 

RouteOne Multi-Factor Authentication

Physical Data Breach: Visual Hacking and Clean Desks. Updated advertising, new marketing campaigns, manufacturer incentives, and the creation of a sales-friendly environment in your showroom may increase traffic.  However, not every person who wanders in will be intent on buying a car. Most may be shopping, but not all may be shopping for a car: paper credit applications on desks, open credit reports on laptops, papers containing sensitive data in the trash, or keys left out on desks are a few of the items malicious actors are looking to exploit at your dealership.

Modern email phishing attacks typically begin with an email that appears to be from someone you may know or trust. These may also be crafted to appear to come from an authority such as a government entity in an attempt to frighten the recipient.  However, things are not always as they appear.  The email may really be from a malicious actor. Attachments to the email may contain malware that could infect your computer, or the body of the email may contain links to click, leading the user to bogus web sites.

Email Risks in Your Dealership

Keeping up with the latest in cybersecurity can be a daunting task. New and more dangerous threats could be circulating at all times.  It's a good idea to stay informed of potential dangers so you can take stronger steps to keep your systems safe.  Though the types of attacks and IT security risks to your dealership below are not new, they are continuing to increase both in frequency and sophistication.

Phishing Attacks 

A dealer's list of daily to-dos is sometimes longer than the available hours in a day.  In addition to handling numerous requests from a variety of people, attending store meetings, and following up with potential buyers, tasks like compliance obligations can rapidly pile up to an overwhelming level.

Spend Your Time Wisely

Dealers keep their customers’ personal information on file for business purposes; however, there is a growing need for effective data security measures to prevent this information from falling into the wrong hands. The rising cost of cybercrime is expected to exceed $2 trillion by 2019, while a large number of consumers, 68%,[1] don’t trust brands to handle their personal information appropriately.