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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-10-06T17:38:00
MGM Resorts International said it expects to take a $100 million hit as part of the fallout of a cyberattack that has most significantly impacted its Las Vegas operations.
MGM first acknowledged detection of the issue in a press release last month. On Thursday, the company disclosed in a regulatory filing it “shut down its systems to mitigate risk to customer information, which resulted in disruptions at some of the company’s properties but allowed the company to prevent the criminal actors from accessing any customer bank account numbers or payment card information.”
MGM said some personal information was breached for business conducted prior to March 2019, including names, phone numbers, email and postal addresses, genders, dates of birth, and driver’s license numbers. For a limited number of customers, Social Security numbers and passport numbers were also obtained.
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News and analysis for the well-informed compliance or audit exec.
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2023-10-05T19:58:00Z By Adrianne Appel
The timing of a recent cyberattack against Clorox juxtaposed against the Securities and Exchange Commission’s adoption of its cybersecurity incident disclosure rule soon to take effect has presented a case study regarding how companies might seek to meet the requirements of the rule.
2023-09-07T13:21:00Z By Neil Hodge
Companies that think paying reduced ransomware demands would be a better move than informing regulators of a data breach and facing enforcement are playing with fire, according to experts.
2023-08-25T13:40:00Z By Adrianne Appel
Businesses can prepare for the Securities and Exchange Commission’s upcoming cybersecurity disclosure rule by going through it and identifying key gaps in compliance.
2024-06-27T16:37:00Z By Aaron Nicodemus
The U.S. Department of Energy released supply chain cybersecurity principles meant to help strengthen key technologies used to manage and operate electricity, oil, and natural gas systems.
2024-05-21T19:27:00Z By Adrianne Appel
The Environmental Protection Agency is increasing its inspections of public drinking water systems after finding a majority of those reviewed were vulnerable to cyberattacks and related threats.
2024-05-07T21:21:00Z By Adrianne Appel
Verizon’s annual data breach report shows trends in cybersecurity incidents, including more ransomware and extortion attacks last year.
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