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DealerBuilt, an Iowa dealership software provider, reached a settlement with the Federal Trade Commission Wednesday over a 2016 breach of customer data that allowed a hacker to gain access to the personal information of about 12.5 million consumers stored by 130 dealership clients.

The dealership management system provider agreed to a settlement with the FTC over the attack and will "take steps to better protect the data it collects," the FTC said.

The agency said in a statement that LightYear Dealer Technologies, known commercially as DealerBuilt, failed to properly encrypt sensitive data and conduct necessary vulnerability and penetration testing.

https://www.autonews.com/dealers/hacker-gained-access-customer-data-130-dealerships-ftc-says
 
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