MGM Resorts said no customer bank account numbers or payment card information was compromised in the incident, but hackers stole other personal information.
LiveNOW's Mike Pache caught up with Devin O'Connor, Senior Reporter at Casino.org, to find out the latest on the MGM ransomware attack.is calling a cyberattack is expected to cost the casino giant more than $100 million, the Las Vegas-based company said.
The incident bore all the hallmarks of an extortionary ransomware attack, which MGM has not confirmed. If so, it could be the costliest ransomware attack on record, said Brett Callow of the cybersecurity firm Emsisoft. In 2019, the Norwegian aluminum manufacturer Norsk Hydro suffered $70 million in losses after refusing to pay ransomware criminals.
MGM has no evidence that the hackers and criminals have used the data to commit account fraud or identity theft, Hornbuckel said, noting the company will also reach out to impacted consumers via email and offer free identity protection and credit monitoring services.FILE - General views of the MGM Grand Las Vegas Hotel & Casino on August 16, 2020, in Las Vegas, Nevada.
MGM wasn't the only casino giant to get hit by hackers last month. Caesars Entertainment disclosed a Sept. 7 cyberattack. The Reno-based company said that its casino and online operations were not disrupted.
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