MGM Resorts International stated that its ongoing “cybersecurity issue” could potentially impact its properties across the United States. Even though the severity of the problem is uncertain, the publicly traded company reported that some of its websites were down, so it instructed customers to make arrangements and room reservations by phone.
The effects of this malware incident extend beyond MGM’s Las Vegas headquarters. It affects hotels, casinos, and entertainment venues in Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, and Ohio, according to spokesman Brian Ahern.
MGM has stated that its casino floors remain open despite the ongoing problem and that the company is working diligently to resolve the issue. By rejecting certain tools, they have already taken measures to protect confidential information. MGM has also initiated an internal investigation with the assistance of outside hackers.
Law enforcement agencies, such as the FBI in Las Vegas and the Nevada Gaming Control Board, have been informed of the event, but they have not yet made any public statements or released any information.
It can be recalled that the Nevada Gaming Commission implemented stricter security measures and mandated that online system intrusions be reported within three days. The Securities and Exchange Commission (SEC) enacted a comparable rule in July requiring large publicly traded companies to report significant security vulnerabilities within four business days. Nonetheless, this rule will not take effect until December.
Gary Gensler, the chairman of the SEC, stated that this type of reporting is essential because plant accidents and security lapses can have a significant impact on investors. This demonstrates the significance of cybersecurity protection and safety measures for protecting businesses from cyberattacks.
Original story by: NBC News
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