The cybersecurity attack at MGM Resorts last month is expected to cost the casino giant more than $100 million, the Las Vegas-based company says. MGM CEO Bill Hornbuckle says no customer bank account numbers or payment card information was compromised in the incident. But hackers stole other personal information — including names, driver’s license numbers and social security numbers belonging to some customers who did business with MGM prior to March of 2019. Beyond the casino world, Clorox also disclosed a cybersecurity attack recently. The maker of bleach and other household products says the attack has caused wide-scale disruption of operations — and predicts a significant fall in sales for the first quarter of 2024.
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The attack, which was detected on Sept. 10, led to MGM shutting down some casino and hotel computer systems at properties across the U.S. in efforts to protect data.in Las Vegas and other states were affected — as customers shared stories on social media about not being able to make credit card transactions, obtain money from cash machines or enter hotel rooms. The company announced the
MGM has “no evidence” that the hackers that the criminal actors have used this data to commit account fraud or identity theft Hornbuckel said, noting that the company will also reach out to impacted consumers via email and offer free identity protection and credit monitoring services. “We regret this outcome and sincerely apologize to those impacted,” he added.
In addition to the estimated $100 million loss on adjusted property earnings before interest, taxes, depreciation, amortization and rent for its Las Vegas Strip resorts and other regional operations, MGM expects to incur charges totaling less than $10 million covering one-time expenses like legal fees and technology consulting.
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Cyberattack cost MGM Resorts about $100 million, Las Vegas company saysKevin Collier is a reporter covering cybersecurity, privacy and technology policy for NBC News.
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Cyberattack at MGM Resorts expected to cost casino giant $100 millionThe cybersecurity attack at MGM Resorts last month is expected to cost the casino giant more than $100 million, the Las Vegas-based company says
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MGM sees $100 million cost from recent cybersecurity attackCybersecurity insurance likely to cover expenses, MGM says
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