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Boyd Gaming Reports Cyberattack That Exposed Employee Data

Boyd reports no operational disruption, expecting insurance coverage for response costs.

Overview

  • Boyd disclosed the incident in a September 23 SEC Form 8-K, saying an unauthorized party accessed internal IT systems and removed data.
  • The company says stolen information includes employee records and data tied to a limited number of other individuals, with notifications to affected people and regulators underway.
  • External cybersecurity experts and federal law enforcement are assisting the investigation as the company works to contain and assess the breach.
  • Boyd says properties and business operations remain unaffected and it does not expect a material impact on financial results.
  • The company expects cybersecurity insurance to cover response efforts, while key details remain undisclosed, including the attack timing, the volume and types of data, any responsible group, and whether a ransom was paid.