1. Home
  2. >
  3. Business 💼
Posted

MGM Resorts Shuts Down Systems Due to Cyber Attack, Investigating Issue with Help of Experts

  • MGM Resorts has shut down some of its systems due to a cybersecurity issue
  • The company is investigating the issue with help from cybersecurity experts
  • MGM Resorts is working with law enforcement and took action to protect systems and data
  • The MGM Resorts website is currently offline
  • MGM Resorts manages several major Las Vegas properties including Bellagio, Mandalay Bay, and MGM Grand
cnn.com
Relevant topic timeline:
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.
Customers of casino and hotel giant MGM Resorts have experienced various issues, including problems with slot machines and online bookings, following a cyber-attack, though the company states that its facilities are still operational and an investigation is underway.
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.
The Nevada Gaming Control Board is monitoring a cyber attack on MGM Resorts, which has impacted the experience for casino visitors for three days.
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.
The recent cyberattack on MGM Resorts and the payment of ransom by Caesars Entertainment highlight the evolving methods used by cyber criminals to target casinos, emphasizing the need for constant evolution of security systems and protocols in the gaming industry.
MGM Resorts could be losing up to $8.4 million a day following a cyberattack, as disruptions at their hotels and casinos continue to affect their computer systems and financial operations.
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.
MGM Resorts International has issued an update stating that their services, including gaming floors and entertainment, are operating normally following a system outage that occurred over a week ago.
MGM Resorts is still facing issues and disarray following a cybersecurity crisis, with ongoing problems including a non-functional mobile app, offline reservations system, and manual transactions.
MGM Resorts has resumed normal operations after a cyberattack, but the incident is negatively impacting its stock.
A recent cyberattack targeted MGM, disrupting its Las Vegas locations, but customer-facing electronic systems have now been restored after 10 days of being faulty.
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.
Multiple companies, including Johnson Controls, Clorox, and MGM Resorts, have recently experienced significant cybersecurity breaches, resulting in financial losses and operational disruptions, highlighting the ongoing issue of cyberattacks affecting various industries.
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.