Over 65 Auto Dealerships Secure Critical Data with Arctic Wolf
On November 15, the FTC announced a 6 month extension to the FTC Safeguards Rule deadline extending it to June 9, 2023. Now is the time for auto dealerships to tackle the tough planning and conversations needed to meet the most rigorous set of information security standards that the industry has experienced to date.
Schedule a demo to learn how Arctic Wolf secures auto dealerships.
June 9, 2023 Deadline
Dealerships are in possession of critical consumer information, including access to customer names, addresses, driver’s license information, credit card numbers, credit histories, loan applications, and other financial information which are prime targets for hackers.
On November 15, the FTC announced a 6 month extension to the FTC Safeguards Rule deadline extending it to June 9, 2023. Now is the time for auto dealerships to tackle the tough planning and conversations needed to meet the most rigorous set of information security standards that the industry has experienced to date.
Auto dealerships will be required to have detailed procedures and specific criteria implemented in order to provide better protection and to curb data breaches and cyber attacks that could jeopardize sensitive customer data.
While most dealerships anticipate needing external support to meet the Rule’s security obligations, evaluating a myriad of vendors and tools to meet different sets of requirements can add to the existing burden.

How Arctic Wolf Can Help
More than sixty five auto dealerships nationwide are current Arctic Wolf customers, so we understand the security challenges dealers face.
Threats & Concerns
Although there are many types of cyber attacks targeting U.S. businesses, auto dealerships are most vulnerable to social engineering attacks and ransomware.
Phishing, spear phishing, business email compromise (BEC) and CEO fraud all fall into the social engineering category.

Percentage of cyber attacks that involve social engineering on some level.
On average, social engineering attacks cost companies $130,000 through money theft or data destruction.


Percent increase of ransomware payments in Q1 of 2022
Average amount of ransomware payment in Q1 2022
Expected amount of downtime after a ransomware attack
There is good news!
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Arctic Wolf covers 65+ dealerships nationwide today.Helpful Resources

An Auto Dealer’s Guide to the FTC Safeguards Rule
Get strategic guidance on how to successfully implement and maintain the requirements of the Safeguards Rule in your dealership.

Understanding the Nine Requirements of the FTC Safeguards Rule for Auto Dealerships
Nov 16 Update: The FTC has extended the deadline until June 9, 2023. That means less scrambling and more time for your organization to strategize



Why Auto Dealers Are Prime Targets for Ransomware Attacks
It’s no secret that cyber attacks — especially ransomware attacks — are increasing across industries and organizations. Attack methods are evolving and rapid digitization, along