Identified by analysts last year, the group uses social engineering to lure users into giving up their login credentials or one-time-password codes to bypass multi-factor authentication. The hackers had threatened to release the company’s data if the ransom were not paid.Īccording to a Reuters report, it was a hacking group named Scattered Spider that brought down MGM’s systems. The company will continue to implement measures to secure its business operations and take additional steps as appropriate,” MGM explained.īloomberg also reported that Caesars had paid tens of millions of dollars to hackers who broke into the company’s systems. Our investigation is ongoing, and we are working diligently to resolve the matter. We also notified law enforcement and are taking steps to protect our systems and data, including shutting down certain systems. Promptly after detecting the issue, we began an investigation with assistance from leading external cybersecurity experts. “MGM Resorts recently identified a cybersecurity issue affecting certain of the company’s systems. CAN A VPN ACTUALLY HELP PROTECT YOU FROM HACKERS?
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