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we're staying on top of the Cyber attack that has impacted thousands of car dealerships Across the Nation Aman Javers joins us now with the latest Aman hey there Melissa today will be the third full day of Fallout in the auto dealership sector after a Cyber attack at retail technology and software provider cdk which makes the software that powers many auto dealers across the country now cdk says this was a two-tiered attack hitting the company on Tuesday and Wednesday the company told reuter's news Service uh it's working to reinstate its services and get dealers business back to normal soon the company says it works with more than 15,000 retail locations across North America in trading yesterday as you can see auto dealership stocks including carvana CarMax and auton Nation got clobbered a little bit of a mixed picture here this morning and shares of investment firm Brookfield business partners got hit too there you can see the chart there cdk global is one of their biggest Holdings on cnbc's last call last night celebrity Motorcar Company owner Tom mayoli described the problems that dealers are facing here it's a disaster I have to tell you customers are coming in consumers are coming in you know we're selling cars but we can't book the deals we can't Finance the deals we can't get them to the banks so far no word from the company on who may have been responsible for the attack whether any Ransom has been demanded or whe or when dealers might see their services restored here guys so a lot of questions still up in the air today so Aman it appears that this is just a that prevents transactions from happening as opposed to a hack for instance a Lending Tree uh experience that stock is down 1 and a half% where the hackers stole the data and are apparently putting that up on the dark web for sale yeah when when they do steal the data you can see it in the dark web there are a lot of websites uh where these guys go to sell the data and they post samples of it publicly in demand pricing so you can see that we haven't seen that yet in the cdk case what cdk has said is they've preemptively shut down a lot of their system internally in order to deal with the problem but it's not clear when they're going to be able to get uh the company up and running again the software up and running again for all all those auto dealers uh we'll reach out to cdk again this morning and see if they can give us any much uh clearer picture of what they're facing as we go into the weekend but the problem for the dealerships is they don't control this right so if it is a ransomware attack we don't even know that the dealers don't control the negotiations over whether or not to pay that would be cdk dealing directly with uh the bad guys here and figuring out whether to pay them a ransom or not not clear really what's going on behind the scenes here so we'll have to wait and see what else the company can tell us later on today Amon appreciate that huge story uh for those dealers who are having to break out the notepads once again that's our imagine