In a recent incident, two prominent gaming entities, MGM Resorts International and Caesars Entertainment, were targeted by a sophisticated file-encrypting malware attack. This led to a breach of their customers’ personal identifiable information. As a result, the companies are now facing potential lawsuits and significant financial penalties.
Multiple lawsuits have been filed against both MGM Resorts International and Caesars Entertainment in connection with the cyber-attacks. The identity of the hackers responsible for the breaches remains unknown, but the hacking group VX-Underground has alleged that the ALPHV or BlackCat ransomware group may be involved. The Nevada Gaming Control Board and the FBI have launched an investigation into the incidents, and their findings are expected to be released in a report next month.
MGM Resorts and Hotels were able to restore their systems after a 10-day shutdown, but it is unclear whether they paid the hackers’ demands or relied on their business continuity plan. Caesars Entertainment has not issued an official statement regarding the incident.
Both cyber-attacks were carried out through a Vishing attack, where the attackers obtained network login credentials from unsuspecting employees. This highlights the importance of comprehensive cybersecurity measures and employee awareness training to protect against such threats.
In conclusion, the
– MGM Resorts International and Caesars Entertainment faced cyber-attacks resulting in potential lawsuits and financial penalties.
– The identity of the hackers remains unknown, but the ALPHV or BlackCat ransomware group has been implicated.
– Investigations are underway by the Nevada Gaming Control Board and the FBI.
– Employee awareness training and comprehensive cybersecurity measures are crucial in preventing cyber-attacks.