Posted on Sep 17, 2023
‘Social engineering’ proves powerful tool in casino cyberattacks, experts say
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"Hackers claiming responsibilty for the MGM outage claimed they compromised the company’s infrastructure through simple social engineering, rather than unleashing ransomware."
‘Social engineering’ proves powerful tool in casino cyberattacks, experts say
Posted from reviewjournal.com
Posted 7 mo ago
Responses: 2
Posted 7 mo ago
LTC Eugene Chu
..."As MGM deals with what it has called a “cyber issue,” the gaming and hospitality giant apparently hasn’t been the only one to be targeted by potentially devastating cyber criminals lately. Caesars Entertainment also paid tens of millions to hackers to prevent them from releasing stolen data, Bloomberg reported Wednesday.
But the casinos have always been targets for robbers, fraudsters, hackers and, of course, cheaters. It’s just the way they’re being targeted that continues to evolve, experts say. Which means the gaming industry as a whole will have to keep evolving to avoid being further victimized by such high-stakes shakedowns.
Hackers claiming responsibility for the MGM outage claimed they compromised the company’s infrastructure through simple social engineering, rather than unleashing ransomware."...
..."As MGM deals with what it has called a “cyber issue,” the gaming and hospitality giant apparently hasn’t been the only one to be targeted by potentially devastating cyber criminals lately. Caesars Entertainment also paid tens of millions to hackers to prevent them from releasing stolen data, Bloomberg reported Wednesday.
But the casinos have always been targets for robbers, fraudsters, hackers and, of course, cheaters. It’s just the way they’re being targeted that continues to evolve, experts say. Which means the gaming industry as a whole will have to keep evolving to avoid being further victimized by such high-stakes shakedowns.
Hackers claiming responsibility for the MGM outage claimed they compromised the company’s infrastructure through simple social engineering, rather than unleashing ransomware."...
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Posted 7 mo ago
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