Brookfield Business Partners Provides Update On The Restoration Of Systems At Its Dealer Software And Technology Services Operation, CDK Global; Does Not Expect This Incident To Have A Material Impact On Brookfield Business Partners
Portfolio Pulse from Benzinga Newsdesk
Brookfield Business Partners announced that its dealer software and technology services operation, CDK Global, experienced unauthorized cyber activity on June 19. CDK promptly shut down systems, engaged third-party experts, and notified law enforcement. Brookfield does not expect this incident to have a material impact on its business.
July 03, 2024 | 12:09 pm
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NEUTRAL IMPACT
Brookfield Business Partners announced that CDK Global experienced unauthorized cyber activity but does not expect a material impact on its business.
The announcement clarifies that the cyber incident at CDK Global is being managed and is not expected to materially impact Brookfield Business Partners. This should neutralize any immediate negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Brookfield Business Partners announced that CDK Global experienced unauthorized cyber activity but does not expect a material impact on its business.
The announcement clarifies that the cyber incident at CDK Global is being managed and is not expected to materially impact Brookfield Business Partners. This should neutralize any immediate negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100