"Casino Giant MGM Expects $100 Million Hit From Hack That Led to Data Breach"

MGM Resorts International recently announced that a cyberattack that disrupted its operations last month would cause a $100 million hit to its third-quarter results as it works to restore its systems.  MGM also noted that it expects to incur less than $10 million as a related one-time cost in the quarter ended on Sept. 30.  A hacking group named AlphV claimed it was involved in the breach.  MGM has declined to comment whether it was asked for or paid any ransom.  During the investigation, MGM found that the private data of customers who used MGM services before March 2019, including contact information, gender, date of birth, and driver's license numbers, was breached.  The company also believes a more limited number of Social Security and passport numbers were obtained.

Reuters reports: "Casino Giant MGM Expects $100 Million Hit From Hack That Led to Data Breach"