Automotive Risk Management Partners adds Ridgeback Network Defense to boost cybersecurity offerings
Automotive Risk Management Partners on Tuesday announced the addition of Ridgeback Network Defense to its portfolio of physical and digital compliance and cybersecurity programs.
Automotive Risk Management Partners powered by Ridgeback Network Defense can offer a comprehensive cybersecurity package specifically designed for dealerships. It can provide real-time visibility and control over all devices connected to or attempting to connect to the store network with zero dormancy.
Other potential client benefits include:
—Real-time, no-latency offense against frustrating and costly cyber attacks
—24/7, real-time visualization of all network systems and monitoring of and fulfilling FTC Safeguards Rule compliance requirements.
—Action-oriented reporting identifies network risks, pinpoints opportunities to harden security and improve function, and measures ROI compared to other IT and security tools
—Easy to deploy and manage, so it provides impact within minutes
—Offered at a competitive price point
“Unlike traditional security solutions, Ridgeback Network Defense doesn’t just detect threats; it deters them. It uses offensive techniques to defend dealerships from ransomware attacks and strikes back at attackers to inflict costs on them as they try to rob you,” Automotive Risk Management founder and CEO Terry Dortch said in news release.
“Cybercriminals have learned that ransoming auto dealership data to stop sales operations can result in handsome rewards. For example, consider the summer’s ransomware attack against Findlay Auto Group. That attack is said to have halted its ability to sell and service vehicles for up to two weeks. It spawned class-action suits against it. The separate ransom attack of CDK Global, also last summer, cost the company reportedly $25 million to satisfy the ransomer’s demands. Its customers lost a reported $1 billion in lost opportunities,” Dortch continued.
“As these criminals increasingly turn their attention to auto dealerships,” Dortch went on to say, “offensive cybersecurity makes it costly for them to do so. Automotive Risk Management Partners powered by Ridgeback Network Defense protects dealerships like nothing else on the market.”
For more information, contact Dortch at (815) 670-4651.