Summary: Ransomware attacks, the use of AI, and the rise of cybercrime-as-a-service were prominent trends in the cybersecurity space in the first half of 2023, with LockBit ransomware being the most used and AI tools being misused by threat actors to launch cyberattacks.
MGM Resorts has shut down some systems and is working with cybersecurity experts and law enforcement to address a cybersecurity issue.
Several major hotels in Las Vegas, including the Bellagio, experienced a cyberattack that resulted in faulty door locks, inoperable slot machines, and disruption of key hotel systems, prompting an ongoing FBI investigation.
Over a dozen MGM Hotels & Casinos have shut down operations after a cyberattack on its computer systems, causing outages and impacting guests' ability to access rooms, use ATMs, and charge items to their rooms.
The cybersecurity issue at MGM Resorts International, which caused disruptions for customers and affected online systems, is likely the result of a cyberattack according to cybersecurity experts.
MGM Resorts International is experiencing a cybersecurity issue that could potentially be a ransomware attack, resulting in loss of money and damage to the company's reputation, but it is yet to be confirmed.
The cyber attack on MGM Resorts International, which began on Sunday, has caused significant disruptions and financial losses for the casino and hotel giant, with a Russia-linked hacker gang claiming responsibility for the breach.
Hackers known as Scattered Spider have demanded a ransom from MGM after hacking the company and causing disruptions, and it is believed that the same group hacked Caesars before, receiving a large sum of money as ransom; these hackers are known for their aggressive tactics and have been involved in compromising at least 60 entities worldwide.
The Nevada Gaming Control Board is monitoring a cyber attack on MGM Resorts, which has impacted the experience for casino visitors for three days.
A ransomware group called ALPHAV, also known as BlackCat, has taken credit for a massive cyber breach at MGM resorts, causing disruption to various functions including guest key cards, slot machines, and credit card transactions, while the company is working to resolve the issue.
MGM Resorts is facing a widespread outage lasting four days after a cyberattack by the hacking group Scattered Spider, with guests reporting disruptions to various services including ATMs, slot machines, digital key cards, and electronic payment systems, while entertainment giant Caesars Entertainment also suffered a cyberattack attributed to the same group, resulting in stolen data and a demanded ransom of $30 million.
Hackers stole customer data from the loyalty program of Caesars Entertainment through a social engineering attack, highlighting cyber threats faced by the Las Vegas hospitality and casino industry; meanwhile, MGM Resorts is recovering from its own cyberattack.
Prominent casino chain MGM Resorts experienced a cyberattack that shut down many of its systems, likely due to a social engineering technique known as vishing, highlighting the vulnerability of even well-protected organizations to human-based attacks.
A cybersecurity breach at MGM Resorts in Las Vegas has led to unauthorized charges on loyalty accounts and concerns over stolen information, prompting increased credit monitoring by affected customers.
Hackers responsible for breaching MGM Resorts and Caesars Entertainment have also targeted three other companies in the manufacturing, retail, and technology sectors, according to a security executive familiar with the matter.
A hacking group called Ransomed.vc claims to have hacked into Sony's systems and is threatening to sell the data, leading many users to delete their PlayStation accounts in fear of a repeat of the 2011 cyberattack.
The cyberattack on MGM Resorts in Las Vegas resulted in the company losing approximately $100 million, highlighting the significant financial impact major companies face when targeted by hackers.
Cyberattack on MGM Resorts expected to cost at least $100 million, impacting the company's third-quarter earnings, but cyber insurance is expected to cover the financial impact; personal data of customers, including social security numbers and contact details, was stolen, but no evidence of compromised financial information or passwords; cybercrime group Scattered Spider claimed responsibility for the attack.
The recent data breach at MGM Resorts is projected to cost the casino giant over $100 million, making it potentially the most expensive ransomware attack on record.
MGM Resorts International has disclosed that the cyberattack it experienced in September will cost $100 million and result in adjusted property losses for its Las Vegas Strip Resorts and regional operations. The company will also provide identity protection and credit monitoring services to individuals whose personal information was compromised in the breach.
MGM Resorts International did not pay the ransomware attackers who breached its systems, resulting in the shutdown of hotels and casinos, with customer data including personal information potentially compromised, although no passwords, bank account numbers, or card details were believed to have been stolen.
