Posted 10/6/2023, 3:31:00 PM
MGM Reports Over $100 Million in Damages from Costly Cyberattack
- MGM Resorts says cyberattack expected to cost over $100 million, one of the costliest ransomware attacks
- Attack in September shut down computer systems at MGM properties, disrupted reservations, credit cards, cash machines
- MGM says no customer payment info compromised but hackers got other personal data of guests before 2019
- Company apologizes, offers free identity protection, says no fraud seen yet from stolen data
- Other casino company Caesars Entertainment also hit by cyberattack in September, reportedly paid $15 million ransom
