MGM Cyberattack to Cost $100M in Earnings, BetMGM Says Separate ‘Technical Issue’ Fixed

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A cybersecurity incident has caused some recent financial difficulties for the co-owner of BetMGM, but the operator of online sports betting sites says an issue of its own has come and gone.

that it says prompted a shutdown of certain systems and allowed “criminal actors” to obtain some customer data.

The incident underscored the chaos cyber incidents can cause for companies, especially in the gaming industry. Still, that did not stop some social media users from voicing their concerns this week after an issue apparently arose at BetMGM. One social media group even claimed"hackers" were draining BetMGM accounts.

 

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