MGM Resorts admits cyberattack cost $100M in lost profits

Ask Denturist DarrylCategory: Partial DenturesMGM Resorts admits cyberattack cost $100M in lost profits
Buford Macaluso asked 4 months ago

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After the attack last month, videos posted from MGM properties on the Las Vegas Strip, including ARIA and Bellagio, showed painfully long check-in lines, and some slot machines that were knocked offline. That’s in contrast to Caesars Entertainment, which suffered no public disruptions after reportedly paying about $15 million to hackers in a breach last month, believed to have been carried out by the same Russia-linked ransomware gang that struck MGM. The company made the disclosure in a regulatory filing on Thursday evening, nearly a month after hackers caused massive disruptions that froze online booking systems, knocked slot machines offline, and even disabled digital locks on hotel room doors.

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