MGM Resorts Suffers $100M Loss in Cyberattack, Customer Data Compromised

MGM Resorts has disclosed that the cyberattack it experienced in September is expected to cost the company at least $100 million. The attack affected the company's slot machines and room-booking systems, among other things. Personal data, including social security numbers and contact details, belonging to customers was stolen. MGM Resorts expects its cyber insurance policy to cover the financial impact of the attack. The company has restored most of its guest-facing systems and anticipates full restoration in the coming days. The cybercrime group Scattered Spider has claimed responsibility for the attack, but MGM Resorts has not confirmed if ransomware was involved.