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MGM Resorts (MGM) claims the cyberattack that targeted it last month could cost the hotel-casino operator $100 million, but will have little impact on the company's fourth quarter. According to a repo
MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chief Security Officer Jaya Baloo joins Caroline Hyde
MGM Resorts International has put a number on the cost of the disruptive cyberattack it experienced in September. It estimated the damage at $100 million.
MGM suffered from a 10-day cyberattack last month that's set to cost the company more than $100 million for the third quarter. Despite the financial loss, MGM reportedly refused to pay ransom.
The Clorox Company (CLX) recently suffered a cyberattack attributed to the hacker group known as "Scattered Spider", according to a Bloomberg report. The same group was allegedly responsible for recen
It has been a very eventful couple of weeks for cyberattack-related news among major corporations.

MGM expects US$100m hit from cyberattack

08:59am, Friday, 06'th Oct 2023
Casino operator MGM Resorts International (NYSE:MGM) expects to face a US$100 million hit from a cyberattack that shut down its computers for 10 days last month. Las Vegas-based MGM updated on Thursda
Casino operator MGM Resorts International (NYSE:MGM) expects to face a US$100 million hit from a cyberattack that shut down its computers for ten days last month. Las Vegas-based MGM updated on Thursd
MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit to its third-quarter results, as it works to restore its systems.
MGM Resorts International shares dropped 1% in the extended session Thursday after the hospitality company said that the recent cyberattack that hampered its operations is going to cost some $100 mill
BetMGM, an iGaming and online sports betting brand of MGM Resorts (MGM) launches online mobile sports betting app in Kentucky.
Outside of a handful of highflying technology stocks, U.S. stocks have been practically flat in 2023, but on Wall Street, some analysts remain as bullish as ever.
Ransomware attacks are not new, but the group behind the casino breaches was extraordinarily skilled at social engineering and bypassing multi-factor authentication.

3 Tumbling Stocks to Take a Chance On Now

05:22am, Friday, 22'nd Sep 2023
Some investors believe that the market is always correct and that stock prices always accurately reflect reality. As a result, they will rarely if ever buy stocks that are tumbling and that are out of
A recent cyberattack by a notorious hacking group targeted MGM, disrupting its Las Vegas locations. Customer-facing electronic systems remained faulty for 10 days, but are now back online.
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