The California New Car Dealers Association (CNCDA) recently selected DealerVault as a licensed vendor for one of the nation’s largest franchised store associations representing more than 1,100 members.

CNCDA acknowledged dealerships are routinely asked for access to their data by vendors that range from listing inventory online to managing CRM systems. Some dealers may give vendors a login and password with full access to all of the data for the entire dealership.

“The fear is that any of these vendors could retrieve dealership or customers’ private data that they are not authorized to access,” officials said. “Another concern is if any of those plugged-in vendors gets hacked, dealer data could become part of the stolen goods.”

To provide stores protection, DealerVault can collect the dealership data and store it securely in the cloud. When a new vendor requests access to data, dealers can quickly setup a retrieval process with a few clicks on the DealerVault control panel. The dealer can choose exactly what data each vendor is approved to access. Only that specific data is pushed to the vendor at regular scheduled delivery times.

The dealership can update data feeds, limit access, monitor all activity and view reports detailing when data was collected and sent to solution providers at any time. Access to data can be turned on and off by the dealer 24/7 via DealerVault’s interface.

“I am happy to announce that CNCDA has selected DealerVault as its strategic partner with a cost-effective solution to safeguard and control our dealer members’ customer data,” CNCDA president Brian Maas said.

“Since dealers have the responsibility to protect this information, we are pleased to recommend DealerVault to manage your vendors’ access to it,” Maas continued.

DealerVault founder and chief executive officer Steve Cottrell explained DealerVault addresses dealer concerns about securing customer and dealership data by allowing dealership solution providers access to only the data needed to drive their solution.

DealerVault charges one flat monthly fee with no setup fees, no long term contracts and offers a monthly discount when dealership affiliates subscribe. Cottrell added that DealerVault users can be assured they are covered by a $20 million cyber liability insurance policy providing indemnification for dealers as data moves from DealerVault to vendors.

“The entire DealerVault team is honored to be licensed by CNCDA,” Cottrell said. “The DealerVault concept radically changes the data movement paradigm and puts the dealership in control of its data.”

For more information, visit www.dealervault.com or call (877) 834-2451.