MGM Hotels, Casinos Forced To Shut Down Systems Due To ‘Cybersecurity Issue’

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MGM Hotels, Casinos Forced To Shut Down Systems Due To 'Cybersecurity Issue'

A number of hotel gambling machines had gone offline, according to KTNV 13, a Las Vegas TV station, and numerous visitors could not make bookings, charge anything to their rooms, or use their digital room keys.

The resorts at MGM Hotels and Casinos “continue to deliver the experiences for which MGM is known,” including its dining, entertainment, and gaming options, according to a statement released late Monday night.

The company stated, “Our guests continue to have access to their hotel rooms and our front desk staff is prepared to assist our guests as needed.” “Thank you for your patience.”

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‘Cybersecurity Issue’ Forces MGM Hotels, Casinos To Shut Down Systems

MGM Hotels And Casinos Shut Down Their Systems Due To A Cyber Security IssueCredit: Canva

The number of individuals impacted by cybersecurity disruptions was unclear. With sites including Mandalay Bay, Aria, the Bellagio, and MGM Grand Las Vegas, MGM is a well-known casino and hotel firm with thousands of hotel rooms in Las Vegas.

According to Greg Moody, an associate professor of information systems and cybersecurity at the University of Nevada, Las Vegas, a “cybersecurity issue” is often an attack on a company’s network by an individual or a group.

Dr Moody, who has collaborated with the corporation and members of its tech team on various projects, speculated that in the instance of MGM, the attacker or attackers may have “found some gap in their armor” and utilized it to knock down the company’s systems.

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MGM Hotels And Casinos Shut Down Their Systems Due To A Cyber Security IssueCredit: AP

He claimed that hackers frequently carried out such operations to get money. Attackers typically steal data from a firm and keep it hostage until the company agrees to pay a ransom for its release. 

Attackers will also resell the data they have obtained on a dark web market where buyers are looking for information like names, numbers, or addresses that can be used to commit identity theft.

Dr Moody Thinks That This Luxurious Hotel Is A Target

MGM is a target since it is a major organization with a huge amount of data, according to Dr Moody.

According to Arthur Salmon, a professor of computing and information technology at the College of Southern Nevada and the program’s cybersecurity director, large corporations are frequent targets of cyberattacks.

However, the increased urgency to return systems to normal makes three industries common targets of such attacks, according to Dr Salmon. 

They are utility firms, given that customer complaints frequently make the news; hospitals, given that disruptions pose a risk to patients; and casinos, given that customer data breaches could damage their brand.

MGM Hotels And Casinos Shut Down Their Systems Due To A Cyber Security IssueCredit: AP

Dr Salmon stated that the security team had to be entirely accurate: “And the threats continuously evolve, expand, and become more complex. Just one time must be correct to avoid an attacker.”

According to the University of Nevada, Las Vegas professor of network security Yoohwan Kim, thieves will occasionally steal data from a large, financially secure organization, demand a ransom for the key to unlock their systems, and then wait for the company to pay.

The Cyber Attack May Take Some Time To Recover

Dr Salmon thinks ransom payments can vary, but for larger businesses, they are typically in the low hundreds of thousands or low millions.

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Experts say it may take months or years to recover after a significant cybersecurity attack.

A petroleum pipeline, hospitals, and grocery chains all experienced operations disruption due to recent cyberattacks, which may have compromised some intelligence organizations. A data breach allegedly affecting 10.6 million individuals happened at MGM in 2019.

What do you think about it? Do let us know in the comments.

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