MGM Resorts cyberattack and outage stretches into third day

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MGM Resorts filed a report with the SEC acknowledging the three-day outage but continuing to refer to it as a cybersecurity issue.

MGM continued to describe the situation as a "cybersecurity issue" in its SEC filing.

The company has not yet brought its corporate email, restaurant reservation and hotel booking systems back online. Digital room keys remain offline. MGM's website initially displayed a list of phone numbers for its properties across the United States but now advises patrons to accessCredit agency Moody's warned on Wednesday that the cyber incident highlighted "key risks" within MGM and could negatively impact the company's credit rating.

MGM's share price has declined more than 6% since Monday, the day it first acknowledged the outages, compared to a modest gain in theThe FBI told CNBC on Monday it is monitoring the "ongoing" situation. The SEC's new cyber disclosure rules will not go into effect until the end of the year, so MGM Resorts is not yet obligated to provide more information to the SEC than they already have.

On social media, patrons have expressed frustration with the scope and duration of the outage, with some describing how hotel key cards aren't working. Others expressed concerns about the security of their personal data. In 2020, MGM acknowledged that they had lost the personal information ofMGM Resorts is communicating with the press through non-corporate, commercially available email addresses.

 

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