Mgm Resorts news and trends

US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells Senate
Cybersecurity // May 02, 2024

Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global...

MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
Earnings // February 13, 2024

MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a...

Security Expert: Casino Hacks Were Part of Wider Crime Wave
Cybersecurity // September 19, 2023

The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity management company Okta, who said in an interview with Reuters on Tuesday (Sept. 19) that the groups...

From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits
Security & Fraud // September 18, 2023

Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense. A spate of attacks detailed over the last several days and weeks underscores the urgency...

Interviews & Exclusives
MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet

February 13, 2024
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a $100 million loss.  On Sept. 12, PYMNTS wrote that MGM Resorts’ websites […]

From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits

September 18, 2023
Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense....

Quick Reads
MGM Hackers Reportedly Targeting Banks and Insurers

May 08, 2024
Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told Bloomberg News Wednesday (May 8). Since late last month, Scattered Spider has targeted 29 companies and successfully compromised the systems of at least two insurers, […]

US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells Senate

May 02, 2024
Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a...

Security Expert: Casino Hacks Were Part of Wider Crime Wave

September 19, 2023
The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials

September 15, 2023
The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were...