Want to get up to speed with the latest EV dealership trends? Check out our Blog

Products

EV Knowledge Hub

State Programs

Dealership Brands

Book a demo

Published date: June 27, 2024

Double-Check your Cyber Security Standards

Double-Check your Cyber Security Standards

In today’s digital age, cyber security is more critical than ever. Protecting your business and customer data requires implementing robust security measures.

Table of contents

In the past week, two major automotive companies were hit with cyber security attacks:

  • Findlay Auto Group (33 rooftops)
  • CDK (the #1 auto tech provider with 2.6% of U.S. GDP flowing through their platforms)

Cyber attacks are no joke, and we are extremely saddened by this news. Let’s ensure no one else is targeted in our industry, and hope these attacks are resolved soon. 🙏

Below we’ve listed some of the best practices to follow when it comes to cyber security.

What are some best practices to follow in cyber security?

  1. Regularly Update Software
    Keep dealership management systems (DMS), CRM software, and other critical applications up to date with the latest security patches.
  2. Use Strong, Unique Passwords
    Implement a policy requiring strong, unique passwords for all systems. Use a password manager to store these securely.
  3. Enable Multi-Factor Authentication (MFA)
    Enhance security by enabling MFA for all critical systems and applications.
  4. Regular Data Backups
    Perform regular backups of all critical data and store them securely. Regularly test backups to ensure data integrity.
  5. Employee Cybersecurity Training
    Conduct regular training to help employees recognize phishing attempts and other common threats.
  6. Implement Firewalls and Antivirus Software
    Use robust firewalls and antivirus software, and keep them updated to protect against malware and other attacks.
  7. Access Control
    Restrict access to sensitive data based on user roles. Ensure only authorized personnel have access to critical information.
  8. Secure Wi-Fi Networks
    Use strong encryption (like WPA3) for Wi-Fi networks and separate guest access from internal systems.

Adopting best practices and certifications will enhance your dealership's cybersecurity posture, protecting your business and customers from potential threats.

Lectrium works with developers and a tech team coming from Nord Security to ensure maximum tech security and scalability for our team, company and partners.

“Affordability is the #1 Factor Limiting EVs” COX

Meanwhile, nearly half of EV shoppers are not familiar with EV tax incentives, and successful OEMs are adding their own unique EV incentives into the equation as well.

Our dealer partners showcase lower total cost of ownership directly where it matters: Vehicle Detail Pages (VDPs).

Lectrium is passionate about educating EV shoppers on their savings and helping dealers turn their EV inventory faster. To learn more, book a demo with us here.

Subscribe to our EV newsletter for dealers

Join 9,000+ other automotive professionals diving into EVs and streamlining their EV sales processes!

Follow Lectrium‘s latest news on LinkedIn

3175 Hanover Street
Palo Alto, California 94304
United States
(609) 806-5956

Products

EV Savings BadgeEV Range Map

2024 Lectrium. All Rights Reserved