"American Companies' Vulnerability Exposed: Lessons from the MGM Cyber Attack"

MGM Resorts experienced a cyberattack that disrupted its systems, including hotel room digital keys and slot machines. The attack was believed to be carried out by a group known as Scattered Spider, specializing in social engineering techniques like vishing. The hackers impersonated an employee in a phone call to MGM's IT help desk to gain access to the systems. The group claims to have stolen and encrypted MGM's data and is demanding a ransom in crypto. Another casino chain, Caesars Entertainment, also experienced a cyberattack around the same time. Vishing, a combination of voice and phishing, is a growing cybersecurity threat that targets human vulnerabilities. Organizations are urged to strengthen their defenses against social engineering attacks and provide better training to employees.