The CDK hack has revealed glaring issues with the DMS software industry. This whitepaper covers the reasons behind the hack and future prevention strategies.
Identity fraud is a mounting challenge for auto dealerships, threatening profitability and customer trust. A 2022 study by eLEND Solutions found that 79% of dealerships reported vehicle losses due to identity fraud in the past year. Similarly, the Federal Trade Commission revealed that nearly 80,
Yousif has traded cars since 2014, starting to help pay college tuition. He imports and exports cars globally, has owned over 90 vehicles, and was selected as the first Chapter President of the Los Angeles Hagerty Driver's Club.
The company offers a vertical SaaS product for legacy vehicle dealerships that digitizes operations through an AI-enabled management platform. It includes an online storefront, customer engagement tools, digital and in-store retail experiences, and home delivery.