cyber
confidence high
sentiment negative
materiality 0.35
RumbleOn discloses CDK Global cyber incident affecting CRM and FL license systems
RideNow Group, Inc.
- CDK cyber event on June 19 disrupted RumbleOn's eLead CRM and CVR (Florida temp license) systems.
- Powersports dealer management system unaffected; all dealerships open using workarounds.
- Vehicle transportation services segment may also be impacted by CDK system suspension.
- Company does not currently expect material impact on financial condition or results of operations.
- Negative impact on business operations is anticipated until CDK systems are fully restored.