secwatch.observer — SEC 8-K summary
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Issuer:     ASBURY AUTOMOTIVE GROUP INC (ABG)
CIK:        0001144980
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001144980-24-000120
Event type: cyber
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asbury Automotive reports cyber-attack on vendor CDK Global disrupting operations
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- Learned June 19, 2024, that CDK Global experienced cyber-attack impacting sales, service, inventory, CRM, and accounting functions.
- Company took immediate steps to protect systems; operations remain operational but may function slower.
- Koons Automotive locations (MD, VA) and Clicklane online platform not affected as they don't use CDK systems.
- Business operations adversely impacted and likely to continue until systems fully restored; full scope and data access unknown.
- Company has not yet determined if incident will have material impact on financial condition or results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144980/000114498024000120/0001144980-24-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144980/000114498024000120/abg-20240619.htm
  HTML page:      https://secwatch.observer/filing/0001144980-24-000120

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