MGM, one of the two largest casino-hotel chains on the Strip, has not yet confirmed the nature of the attack, calling it a 'cybersecurity issue.' The properties remain open, but operations such as front desk check-ins and payouts for casino games have had to shift to entirely manual operations.
The International Counter Ransomware Initiative conference has produced a pledge by 40 countries to refuse ransomware payments going forward, including the United States and EU members. The pledge appears to only apply to government entities.
Ransomware attackers have ambitiously expanded their operations in the past year. Innovation continues as the Ragnar Locker Team is using Facebook Ads to pressure victims into paying up.
Several New Zealand government agencies were impacted by a ransomware attack on Mercury IT, a 25-employee firm that serves dozens of public and private organizations in the country. New Zealand’s Ministry of Justice and Health New Zealand (Te Whatu Ora) have confirmed being impacted by the cyber incident.
Accenture said the LockBit ransomware attack that reportedly encrypted at least 2,500 computers and leaked 6 terabytes of data had no impact on its operations.
Acer reportedly suffered a REvil ransomware attack. The threat actors posted some files as proof and demanded the highest recorded ransom payment of $50 million in Monero.
Apparel giant VF Corporation has disclosed in a regulatory filing that the December ransomware attack leaked the personal information of over 35 million customers.
A ransomware attack on Ardent Health Services, a network of 30 hospitals that spans six states, disrupted emergency rooms and caused some patient diversions for at least two days in addition to taking down various systems.
A ransomware attack once again caused a serious blow to a critical segment of the US economy last week. This time it was the food supply … these attacks demonstrate that critical infrastructure is not only a vulnerable but also viable target.
MGM's ransomware attack in September is expected to have $100 million negative impact for Q3 due to cleanup costs and lost business. The company believes that its cybersecurity insurance will cover nearly all of the ransomware attack's associated costs.