The Limits of Multi-Factor Authentication
Most dealerships have implemented Multi-Factor Authentication (MFA) to combat unauthorized access to sensitive information. While this is a recommended security control to have as part of your cybersecurity strategy, it can’t be the only one. Reports show that when compromised credentials were used to access a system, experts found MFA was deployed 97 percent of the time as a security measure.
This doesn’t mean MFA isn’t necessary; it’s a vital security layer for dealerships. But on its own, it’s not enough to prevent a successful attack.
The Cost of Cyberattacks
You can’t talk about cyberattacks without talking about their cost.
The cost of recovery from a cyberattack continues to climb. According to industry experts, the average cost to recover from a ransomware attack reached $1.7 million in 2026, up from $1.5 million in 2025. And that figure doesn’t include any ransom paid. For dealerships, these expenses can add up quickly, especially when an attack disrupts sales, service, customer communications, or access to critical systems.