Happy Wednesday! In this week's Big I Buzz: Madison auto experts weigh in on rising repair costs due to new auto tariffs, and companies battle rising ransomware threats.

Madison Auto Experts Weigh In on Rising Repair Costs Due to New Tariffs

Multiple Madison auto experts weighed in on the impact of rising car part prices in a report from WMTV Madison. With a new 25% tariff on imported vehicles, signed by President Trump on March 26, set to take effect this Thursday, local repair shops anticipate higher costs for both foreign and domestic car repairs.

Industry professionals explain that many U.S.-made vehicles still rely on imported parts, meaning repair costs could rise across the board. Even major automakers with production facilities in North America may be affected, potentially leading consumers to delay new car purchases in favor of maintaining their current vehicles. Auto shops recommend that drivers stay proactive with maintenance and research part prices to better navigate the changes ahead. Read more here.

Companies Battle Rising Ransomware Threats
Ransomware continues to pose a significant threat to organizations, with recent cyber insurance industry reports highlighting a rise in cybercriminal activity. Experts emphasize the importance of maintaining strong cybersecurity measures to prevent and mitigate these attacks. Typically, ransomware incidents involve a threat actor infiltrating an organization's system, seizing control of sensitive data, and demanding payment under the threat of public exposure. This growing concern has been especially prevalent over the past five years. Read more here.

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