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MGM Resorts Refused to Pay Ransom but Lost $100 Million in Wake of Cyberattack

A Gizmodo article from October 6, 2023, reports that MGM Resorts declined to pay a ransom after a September cyberattack that cost about $100 million. Casey Ellis, a cybersecurity expert, tells News3 Las Vegas that the cost is a lot of money, and that MGM's ability to recover suggests its defenses were not sufficient.

Source description, as published

The casino chain suffered a cyberattack in September that stole social security information from customers who transacted prior to March 2019.

Inventors / authors: Nikki Main