Russian ransomware gang accused of MGM cyberattack

BlackCat, a Russian ransomware hacker group, is thought to be responsible for the latest MGM Resorts infiltration, which has seriously disrupted the company’s hotel and casino operations. According to sources, the breach was carried out by pretending to be an employee, which took a 10-minute phone call to the Help Desk and was made possible using LinkedIn information.

Reports state that BlackCat has admitted guilt for the infiltration and bragged that MGM was defeated with only a brief talk. MGM hasn’t bowed to the demands of the hackers, however.

Although there are now limited information available, the FBI is actively looking into the event.

In a formal statement released on Tuesday, MGM recognized the cybersecurity problem and clarified that it had right away started an investigation with support from well-known outside cybersecurity specialists. The business also informed law enforcement organizations and took steps to safeguard its data and systems, including the shutdown of several systems.

MGM is dedicated to putting protections in place for its business operations and implementing whatever further measures are deemed necessary while the investigation is still continuing.

The intrusion has interfered with several parts of MGM Resorts, including parking services, hotel bookings, and slot operations. According to analysts, the corporation would lose more money the longer the delays continue.

Some portions of the MGM Resorts websites have been made available as of Thursday morning, while others are still inaccessible.

MGM China has stated clearly that the security breach has not compromised any of its websites or booking services.

Original story by: Asia Gaming Brief