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The MGM cyberattack is crazier than you think.
An international hacker gang named “ALPHV” or “BlackCat” is responsible for the cyber attack on MGM Resorts servers.
The hackers did this by finding MGM’s IT employee on Linkedin. The group then called the MGM’s internal help desk acting as that employee. Pretending to have difficulties with the system, the hackers obtained enough information to gain back-door access into MGM’s servers. This phone call lasted less than 10 minutes.
Once the hackers accessed the server, they compromised that employee's user and administrator account. This allowed them to remove antivirus software, and set up malicious objects, enabling them to deploy the malware.
This malware was detected on MGM servers on Sunday night, September 10th.
“BlackCat” requested MGM to pay an unknown amount of ransom, but MGM refused.
Caesars Entertainment was recently hacked by the same group costing them a whopping 15 million dollars of a requested 30 million dollar ransom. Caesars Entertainment cooperated with “BlackCat” hackers resulting in uninterrupted business.
Immediately following the ransom request, MGM decided to shut down their systems and switched to manual operations.
Shortly after, the outages at MGM properties began.
On Monday, Sep 11th at 8:27 AM, MGM issued a statement notifying the public of the cyber attack.
19 of MGM properties are affected, including Bellagio, Excalibur, Aria, Luxor, Mandalay Bay, the MGM Grand and New York New York, to name a few.
MGM executives reassured it’s employees will get paid on time, however timekeeping and payroll systems are currently affected by this cyber attack.
This chaos means MGM's losing about $13 million every day.
Do you think MGM should have paid the ransom like Caesars Entertainment did? Let me know in the comments.
As of right now, whether or not MGM has paid the requested ransom is unknown, however their servers and systems are still down.
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MGM Cyber Attack - Las Vegas
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