The ACV Condition Report Volume 1 | Issue 1

Volume 1 | Issue 1

SEPTEMBER 30, 2021

CONDITION REPORT

ACV UNIVERSITY UPDATE:

SUPERCHARGED vs TURBOCHARGED BREAKING DOWN THE DIFFERENCES

ACV SECURITY TEAM UPDATES

YOUR GUIDE TO CYBER SECURITY BEST PRACTICES

DIVERSITY, EQUITY & INCLUSION: STEPPING UP FOR THE DOG ALLIANCE

ACV IN THE NEWS EARNINGS REPORTS, OUR NEW CTO, AND MORE

ACV AT NIADA

KEYNOTES, COWBOYS, AND PANELS OH MY! 1

INTRODUCTION

WELCOME TO THE FIRST EDITION It’s here—the first edition of the ACV Condition Report, ACV’s monthly e-newsletter, where we’ll cover everything from big company wins and training opportunities to community events and more.

The ACV Condition Report will be published and distributed on a monthly basis. If you’d like to contribute content to the newsletter, please reach out to press@acvauctions.com for more information. Enjoy!

CONTENTS

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ACV UNIVERSIT Y UPDATES

DIVERSIT Y EQUIT INCLUSION & NIA

Breaking down the dif ferences bet ween turbo charged and super charged with John Gigax.

It’s a PUPDate! See how AC stepped up for the Dog Allia to help veterans in need.

4–5

6–7

R DE EN EF RD RO VE D LA N 90 19

TY & DA

ACV SECURIT Y UPDATES

ACV IN THE NEWS & UPDATES

CV ance

Meet the team protec ting you from phishing at tacks and sponsoring fake princes across the globe.

Earnings reports, our new CTO, and our team at NIADA.

8 – 12

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ACV UNIVERSITY

TURBO CHARGERS VS SUPER CHARGERS

BY JOHN GIGAX, ACV UNIVERSITY TRAINER

A question that commonly comes up in training classes is what is the difference between Turbo and Superchargers and how are they identified?

It is a great question and one that is important all VCI’s know the answer to as we get closer to the launch of the new Inspection app. The answer to that question is pretty simple. It’s purely design.

Turbochargers, as opposed to being belt driven,

The function of both is to create additional

are exhaust driven. A turbocharger consists of a

power by drawing extra air into the cylinders

turbine and compressor which are connected by

to create more combustion. More combustion

a spinning shaft. One end of the turbo connects

equals more power!

to the exhaust manifold or header and on the other end, the compressor connects to the

So, what is the difference in designs? Let’s start

fresh air intake. The hot exhaust gas that would

with the Supercharger as that was developed

normally exit the tailpipe is instead sent into one

first. In fact, Mercedes first used this technology

end of the turbo where it begins to rapidly spin

on production vehicles in 1923. There are

the compressor. The compressor condenses

several types of superchargers, but the most

the fresh air, bringing more air and fuel into the

common types are called Positive Displacement

cylinders. They are easily identifiable by their

Superchargers. These have two shafts that

unique shape and are typically offset to the side

interlock as they spin, compressing the air to

or sides of the engine block.

make it denser. The denser air has the capacity

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to carry more gas into the cylinder. They are

A major indicator that a vehicle is Super or Turbo

bulkier than a turbo and typically found stacked

charged is by the presence of an intercooler.

directly on top of the engine block.

Engines function better the cooler the air is, so

an intercooler functions to cool the compressed

So let’s talk about the advantages and

air before it gets to the engine. Intercoolers are

disadvantages of both. The advantage to

easily identifiable by their filter-like appearance.

Positive Displacement Superchargers, is that the

You will most often find them located in front of

power is instantaneous and consistent at any

or behind the radiator.

RPM due to the fact that they are belt driven.

However, the disadvantages are size and that they actually diminish some of the engines horsepower because they are belt driven.

A MAJOR INDICATOR THAT A VEHICLE IS SUPER OR TURBO CHARGED IS BY THE PRESENCE OF AN INTERCOOLER.

The advantages to turbos are their size, increased engine efficiency, better fuel consumption, and ease of installation. The disadvantage to a turbo is that it takes time to build up compression. This is commonly called “Turbo Lag.” Turbos are also designed for a specific RPM range making their performance less consistent and they will consume more oil.

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Diversity, Equity and Inclusion NIADA At the end of 2020, ACV’s Diversity, Equity &

If you missed our set of informational webinars

Inclusion Committee made a donation to The

in May with Joni Thompson, Director for

Dog Alliance, sponsoring a service dog for a

Community Engagement, and Debi Krakar,

veteran in need. Our donation of $15,000 helps

Executive Director and Founder, there will be

to pay for the 18-22 months of rigorous daily

another set of webinars later this year!

training that a dog goes through before they can fully start their new life’s work.

You can find more information about The Dog Alliance here.

The cost to train a service dog and provide individualized training for the veteran is

Some of you heard about Dolly, the mother to

approximately $50,000 for each dog and

our future sponsored service pup, during our

veteran team. Veterans are supported for the

webinar. We’re happy to share that her seven

life of their service dog. With The Dog Alliance’s

puppies are doing great!

program, Hounds for Heroes, service dogs are provided for free for veterans disabled by combat-related PTSD and/or mobility challenges.

NIADA 2021

ACV’s flagship product, ACV Auctions was a presen

sponsor of the keynote speech and host to various

panels and workshops at the National Independent

Dealers Association’s 2021 Convention and Expo in Antonio, TX at the end of August.

The keynote speech by Dallas Cowboys football le Michael Irvin took place on August 25. Afterwards,

three-time Superbowl winner joined the ACV Auctio

team at our booth for photo opportunities with atten

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As the puppies become more active and their eyes open, we’ll receive additional pictures and video from the breeder, Kay. When those delightful images come to us, we’ll share them with you here and on our Intranet page.

Links: Watch the Video Here

SPEAKER HIGHLIGHTS

nting

s

t Auto

n San

egend the

> “Advances in Certification: New Enhancements

to NIADA’s CPO Program” with VP of Business Development Randy Barone and industry experts

> How To Source the Right Cars, Right Now, Right from

your Phone or Computer” hosted by Doug Hadden, VP of Field Initiatives > “ Auto Auction State of the Industry” with ACV Chief Sales Officer Mike Waterman and other industry experts.

ons

ndees.

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IT SECURITY

ERIK BATALLER, VP INFORMATION SECURITY At ACV, I collaborate with others to identify, understand and address risk. My role on the team is to secure investment for solving problems and implementing the solutions; reduce challenges and friction; and provide strategic direction and guidance across programs and activities. Sometimes, I even get people to laugh, too.

ROB PRETA, ASSOCIATE DIRECTOR SECURITY OPS In my role, I help coordinate the operational activities and also review all our systems and vendors.

AARON BALCERZAK, SR. SECURITY OPS ENGINEER As Senior Security Ops Engineer, I work with our Infrastructure team to keep the environments that run our ACV applications secure.

ALEX WILSON, SR. SECURITY OPS ENGINEER At ACV I help configure our security tools like Okta and Mimecast.

KABIR DIXIT, APPSEC PENETRATION TESTER In my position, I help manage application risk by supporting engineers to remediate security vulnerabilities.

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MATIAS SOLIS, APPSEC PENETRATION TESTER At ACV I with researching, identifying and evaluating security threats and vulnerabilities. After the assessments, I help with the remediation of the findings.

DYLAN FOOS, APPSEC PENETRATION TESTER In my role, my duties range from vulnerability analysis to penetration testing. I love to break things and of course find a way to fix it. Finding vulnerabilities before a bad guy does is what I do best.

JUSTIN CHOI, SECURITY OPS ENGINEER As a Sec Ops Engineer, I work on improving the overall security posture of ACV’s application products. Much of my focus is on secure design/architecture, secure development, security training and security monitoring.

ZEESHAN ANJUM, SECURITY OPS ANALYST At ACV, I spearhead new initiatives to create a well defined Threat Detection & Response (TDR) team. In addition to that, my goal is to mature the TDR team by creating processes and documentation to streamline our tasks/responsibilities and also, to make sure that our time is well spent on tasks that provide great value to our team and organization as a whole.

VINCENT BRUNO, SECURITY OPS ANALYST As an Sec. Ops Analyst, I work on building Visibility and Monitoring in the ACV Environment. Both for our Application and Services, and our Enterprise Systems. My goal is to make sure we can understand all activity within our environment!

EMILY DONNELLY, SECURITY PROGRAM MANAGER In my role, my duties range from vulnerability analysis to penetration testing. I love to break things and of course find a way to fix it. Finding vulnerabilities before a bad guy does is what I do best.

How to get in touch with us? security@acvauctions.com | On slack: #acv-security

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SECURITY UPDATE

SECURITY BEST PRACTICES AND TIPS Cybercrime is increasing and impacting organizations around the world. It is important that every teammate at ACV does their part in helping to combat this risk.

Please take a moment to review some important Security best practices:

1. Make sure your computer, mobile

4. Always use secure network connection.

device, programs and apps are up to

Avoid doing crucial transactions over a

date with the latest version. The longer

public network. Any network other than

software goes without any updates,

your home or work network is an insecure

the more likely it has vulnerabilities

network.

that cyber criminals can exploit. We recommend that you enable automatic updates wherever possible.

2. It is important that you have a strong

5. Backup your files. It is important to have in case of a data breach or malware attack.

6. Avoid visiting unknown websites or

password. Avoid using the same

downloading software from untrusted

password for your online banking.

sources. These sites often host malware that will automatically install and

3. When possible, use Multi-Factor Authentication (MFA) as an extra layer of

looking to use a new tool or software,

security. If a hacker can accurately guess

please contact Helpdesk and Security. It is

your password, MFA provides additional

important that the vendor is reviewed and

security to ensure that your account is

we understand any risks.

not breached.

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compromise your computer. If you are

SECURITY UPDATE

BE AWARE OF PHISHING Phishing is a type of cybercrime where hackers try to gain access to sensitive information, such as usernames and passwords by pretending to be a person or organization they trust. Hackers are getting better at tricking people into clicking on fraudulent links or opening up malicious attachments in emails.

In an effort to practice our skills and remain vigilant, our team will run random phishing tests. It is critical that we do

What should you do if you receive a suspicious email?

Do not download any attachments accompanying the message.

Attachments may contain malware such as viruses, worms or spyware.

Never click links that appear in the message. Links embedded within phishing messages direct you to fraudulent websites.

our part in defending ACV against cybercrime. Security is everyone’s job.

Do not reply to the sender. Ignore any

These tests are not meant to trick you;

requests the sender may solicit and do

instead, they are designed to ensure that you are aware. If you do not pass, you will be required to take a brief training.

not call phone numbers provided in the message.

Report the email by forwarding it to security at phishing@acvauctions.com 11

SECURITY UPDATE

ENDPOINT MANAGEMENT When it comes to cyber security, endpoint management is essential. Endpoint management (EPM) is how we manage, protect, update and deploy to our endpoint devices such as iPhones or laptops.

Open endpoints can become an easy target for cybercrime. If one hacker infiltrates a single remote laptop, they can obtain access to ACV’s network, files, sensitive data and potentially impact our business operations. In March, CNA Financial Corp. suffered a cyberattack to its endpoints when they were hit by a ransomware attack. They were forced to shut down their operations and pay $40 million to regain control of their network.

In order to protect ourselves from this threat, there are endpoint management tools to help us monitor, manage and secure our endpoint devices. One of the endpoint management tools we are using at ACV is Workspace ONE. This software is currently being rolled out to Windows Laptops or Zebra/Panasonic tablets.

If you are using a Windows Laptop or Zebra/Panasonic tablet, you are required to have Workspace ONE installed. Please follow these steps for more information.

If you have any questions, please contact the Helpdesk at 716-222-8808 or at helpdesk@acvauctions.com.

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ACV UPDATES AND NEWS

IN THE NEWS ACV Hires Silicon Valley Technology Leader

ACV U ONLINE •

running been assigned to all inspectors

Bahman Koohestani As New Chief Technology Officer Independent Dealers Association Convention And Expo

The new ACVU Online is up and

•

Brand New* Learning opportunities available in the ACVU Online Course Catalog

Q2 Earnings Media Coverage Sampling: Buffalo Business First: ACV Auctions will post earnings Wednesday. Here are the storylines to watch.

Buffalo Business First: ACV’s headcount has doubled in the past two years The Buffalo News: ACV Auctions says growth plans remain on track Yahoo! Finance: Why Earnings Season Could Be Great for ACV Auctions (ACVA)

Other Media Coverage: Auto Remarketing: NIADA notes: Convention begins with Manheim helping charity & new corporate partner joining association

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