Complete Dedicated Auto Dealership IT Consulting | GLBA Compliance

Proactive Auto Dealership IT & GLBA Compliance

If the brakes were worn down on a customer’s car what would you do?

Your dealership has compliance and cybersecurity needs. The FTC  has mandated that specific requirements are met to protect your customer’s data. 

There’s enough to worry about without having to worry about your technology.  Think about it.  Is your

• Network Secure?
• Data Encrypted?
• Password Policy Strong Enough?
• Software and Operating Systems Up to Date?
• Critical Data Backed Up?
• Email Secure?
• Staff Educated on Social Engineering and Compliance?
• Are you using an insurance-approved security solution on all of your computers?
• Are slow computers impairing productivity in your busy dealership?

These are just some of the IT & compliance questions you need to have answered.  Wouldn’t it make sense to have a 24/7 IT support team to take care of these things for you?

Auto Dealership IT Consulting is SERIOUS Business.  

We Are an experienced Managed Service Provider for Auto Dealerships

Is your auto dealership protected?  If not you might be subjected to heavy fines, loss of reputation & sales, or worse.

What many businesses don’t understand or believe is cybersecurity and compliance are not necessary for their business.  If you have customer data in your business you are at risk.

The Cost of a Breach in Your Auto Dealership

The average cost for a breach is $180 per record.  That means if you have 10,000 records you’re on the hook for $1,800,000.  The average cost for an Auto Dealership to have an experienced IT, Cybersecurity, and Compliance team ready to support all their tech and compliance needs is $6500 per month. It would take 23 years to match the cost of one data breach of 10,000 records. 

Let’s put money aside for a minute.  The fact is compliance and cybersecurity are about your clients. Compliance and cybersecurity serve to protect your customer’s data and identity. 

Find Out If Your Auto Dealership is Compliant

68% of buyers are more likely to purchase a vehicle from a dealership that is compliant with federal regulations.

66% of dealerships have not conducted a formal risk assessment to identify cybersecurity and data protection risks (as required by the FTC)

In 2019 there were 115,000+ reported complaints of fraud or other malicious activity to the FTC around the auto industry.

On average, non-compliance is costing your auto dealership $792,000/per year.

The Federal Trade Commission reports that there were 38,561 reported cases of identity theft related to auto loans and leases in 2019. That’s an increase of 105 percent over the previous year!

Only 30 percent of dealers employ IT personnel who have completed computer security training or certifications.

And finally

Dealerships that offer to finance are subject to state and federal laws, including the Gramm-Leach-Bliley Act and its Safeguards Rule. And noncompliance can be costly. According to Total Dealer Compliance, violators can face up to $10,000 per violation and/or up to five years of prison (for individuals who are found liable). And dealerships themselves can face penalties of up to $100,000 per violation.