You mean when CDK figured their company would sell better if they inflated revenue like Reynolds?
" I truly don't know what it takes to maintain REY security."
Oh, I have a really good idea of what it should cost. And based on what I know about their fee structure, they are making mountains of cash.
Exposing sensitive data via APIs and protecting it is relatively routine stuff. Look at companies like Chargify or Stripe that expose APIs to handle financial transactions. Or companies like Xero that provides APIs into accounting data. I can integrate into the NYSE cheaper than I can some DMS companies. There is no doubt that DMS's are a target, but securing data, while allowing access to legitimate users, isn't something unique to the DMS companies. Companies that are equally large, and even larger, targets do it every day without forcing vendors to rake over piles of cash.
@andwrig
I would encourage you, with @Jeff Kershner permission and for the fact that we all know what REY and CDK do, that you write something about the transition from them to DL and what are their biggest points. I think smaller vendors in as niche of giants could use that help and become very useful for dealers in need of alternatives.
Jeff and Yago - I would be willing to do that at some point in the future. It's only been approximately 90 days since our switch. It's gone quite well for the most part but I'd like to get more time under my belt so I can speak in greater detail.One dealers transition from XXX DMS to XXX DMS - or something like that. @andwrig - would love to host the article of you're up for writing it.