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Casino Giants Caesars and MGM Hit by Cyberattacks; Customer Data Compromised

  • Caesars Entertainment and MGM Resorts International were recently targeted in cyberattacks by a hacker group called Scattered Spider.
  • The attack on Caesars resulted in the theft of customer data including Social Security numbers; MGM's systems were disrupted but no data breach reported.
  • Scattered Spider uses social engineering techniques to gain access to systems and has targeted other hospitality and telecom companies.
  • Caesars paid tens of millions in ransom to prevent stolen data release while MGM has not paid ransom demands.
  • The FBI is investigating the attacks which have raised concerns over casino cybersecurity and caused stock prices to fall for both casino operators.
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