Sophisticated Hackers Scattered Spider Breach Major Companies Through Social Engineering and Extortion Tactics
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A group of hackers known as Scattered Spider has been breaching major companies like MGM Resorts and Caesars Entertainment through sophisticated social engineering tactics.
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The hackers are extremely skilled, disciplined, and "ruthless", often using threats and harassment to extort money from victims.
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Security firms attribute the group to Western 17-22 year olds who study target companies in depth before launching tailored attacks.
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Scattered Spider is believed to work with other criminal groups, like ransomware provider ALPHV, to carry out technically complex hacks.
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High profile hacks like the one on MGM showcase the major disruptions these ransomware attacks can cause across an organization's operations.