The US Department of Justice has announced that the FBI has developed a “decryption tool” that will help companies victimized by the BlackCat ransomware group regain control of their computer systems. The “disruption campaign” against BlackCat, which is also known as ALPHV or Norberus, comes months after both MGM Resorts International and Caesars Entertainment were… Read more »
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MGM CEO Confirms Company Did Not Pay Ransom to Hackers
A matter of timing MGM Resorts International CEO Bill Hornbuckle has confirmed that his company did not pay a ransom to hackers who brought MGM to its knees last month. Speaking at the Global Gaming Expo on Tuesday, Hornbuckle called it “corporate terrorism at its finest.” “It took us (until day three) to figure out… Read more »
Unsuspecting BetMGM Customers Find Accounts Hacked, Money Stolen
Accounts inaccessible Just a couple weeks after MGM Resorts International issued the “all systems normal” after a hacker group hijacked its computer systems, it appears that many BetMGM customers had their accounts unlawfully accessed. A portion of those people have found themselves unable to login to their accounts and others who could get in found… Read more »
MGM, Caesars Hit With Five Class Action Lawsuits Over Cyberattacks
Plaintiffs allege lax cybersecurity As MGM Resorts International slowly gets back to normal after the cyberattack that crippled the company from the corporate offices through its casinos, it now faces another challenge: a slew of lawsuits. Last week, three law firms filed a total of five class action lawsuits against both MGM and Caesars, claiming… Read more »
MGM Claims All of Its Properties Are “Operating Normally”
Maybe not 100% More than a week after hackers crippled its computer systems, MGM Resorts International says that its “hotels and casinos are operating normally.” In a Tuesday morning statement, Nevada’s largest employer thanked customers for their patience and noted that there could still some “intermittent” issues. “Our resort services, dining, entertainment, pools and spas… Read more »
MGM Resorts Losing Tens of Millions in Revenue Per Day Because of Hack
No end in sight MGM Resorts International is still struggling to gain control of all of its computer systems since last week’s cyberattack and, as one might guess, it is costing the company money. David Katz (no relation), an equity analyst with Jefferies Group, estimates that MGM is losing from $4.2 million to $8.4 million… Read more »
It Only Took a 10-Minute Phone Call for Hackers to Access MGM’s Systems
Shockingly easy Many of MGM Resorts’ systems were crippled because of cyberattack this past Monday and now the group responsible for it has been unmasked. According to vx-underground, a group that curates what it calls the “largest collection of malware source code, samples, and papers on the internet,” it was the ALPHV/BlackCat ransomware group that… Read more »
$300,000 Stolen From DraftKings Sportsbook Customers Accounts
Company plans to reimburse customers A number of DraftKings customers found out this weekend that their sportsbooks accounts were hacked and just that, but money was drained either from those accounts or the bank accounts connected to them. On Monday, the company said that customers lost about $300,000 in total, but DraftKings intends to make… Read more »
Poker Pro Kevin McPhee Has GGPoker Money Stolen in Account Hack
Money vanished while McPhee was playing Late last week, poker pro Kevin McPhee revealed via Twitter that his GGPoker account had allegedly been hacked, his bankroll syphoned off. Though the poker room did reimburse him, McPhee is still largely in the dark as to how his account was compromised. In a series of posts, McPhee… Read more »