Caesars reportedly paid ransom to hackers after cyberattack

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Caesars Entertainment (CZR) paid a ransom after getting hit by a cyberattack, according to a report from The Wall Street Journal. According to the WSJ, the company paid approximately half of the original $30 million ransom demanded by a group of hackers targeting the Las Vegas strip. Caesers says this breach “will not have a material effect on its results.” The cyberattack has been attributed to the hacking group Scattered Spider, which also targeted MGM Resorts International (MGM). Yahoo Finance Live’s Brad Smith and Julie Hyman break down the details of this cybersecurity breach.

from The Wall Street Journal. According to the WSJ, the company paid approximately half of the original $30 million ransom demanded by a group of hackers targeting the Las Vegas strip. Caesers says this breach “will not have a material effect on its results.” The cyberattack has been attributed to the hacking group Scattered Spider, which also targeted MGM Resorts International . Yahoo Finance Live’s Brad Smith and Julie Hyman break down the details of this cybersecurity breach.

Global securities watchdog IOSCO said it had identified "some vulnerabilities in the leveraged loan and collateralized loan obligation markets which may be exacerbated by the behavior of certain participants and market practices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBI investigates cybersecurity issue at MGM Resorts while casinos and hotels stay open across USLAS VEGAS (AP) — Casino operator MGM Resorts International said Tuesday that resorts are open and an investigation is continuing after what it called a “cybersecurity issue” led to the shutdown of computer systems at company properties across the U.S. The FBI characterized the investigation as ongoing but Special Agent Mark Neria, spokesperson for the bureau in Las Vegas, said no additional information is available. Las Vegas-based MGM Resorts said the event started Sunday and that it shut down
Source: YahooFinanceCA - 🏆 47. / 63 Read more »