Thursday, June 13, 2024

Artificial Intelligence news

Apple is promising personalized...

At its Worldwide Developer Conference on Monday, Apple for the first time...

What using artificial intelligence...

This story originally appeared in The Algorithm, our weekly newsletter on AI....

The data practitioner for...

The rise of generative AI, coupled with the rapid adoption and democratization...

Five ways criminals are...

Artificial intelligence has brought a big boost in productivity—to the criminal underworld.  Generative...
HomeTechnologyCaesars Entertainment paid...

Caesars Entertainment paid about $15M to hackers who stole customer Social Security numbers, other info: report

Caesars Entertainment reportedly paid roughly $15 million in an attempt to placate hackers who threatened to leak the sensitive customer data stolen during a summer cyberattack.

The Las Vegas casino giant’s payout was approximately half of the $30 million that the hackers had demanded, the Wall Street Journal reported on Wednesday.

Caesars admitted that the hackers breached its systems through a “social engineering attack on an outsourced IT support vendor,” according to a regulatory filing.

The bad actors stole a copy of the Caesars’ loyalty program database, including the driver’s license numbers and Social Security numbers “for a significant number” of customers.

“We have taken steps to ensure that the stolen data is deleted by the unauthorized actor, although we cannot guarantee this result,” Caesars said in the filing. “We are monitoring the web and have not seen any evidence that the data has been further shared, published, or otherwise misused.”

Caesars did not identify the culprits behind the cyberattack.

Caesars said hackers executed a social engineering attack.

However, a group called Scattered Spider or UNC 3944, which specializes in social engineering attacks, is believed to be responsible, two sources familiar with the matter told Bloomberg. The attack reportedly began around Aug. 27.

In social engineering attacks, hackers trick users into providing their log-in credentials or passwords in order to bypass security and gain access to company systems.

Caesars loyalty program members were affected.

The company said there was “no evidence” that customer financial information such as bank account numbers was accessed in the hack. Caesars said it is offering credit monitoring and identity protection services to its loyalty program members.

“The full scope of the costs and related impacts of this incident, including the extent to which these costs will be offset by our cybersecurity insurance or potential indemnification claims against third parties, has not been determined,” the filing added.

Caesars reportedly paid ransom to the hackers.
Getty Images

Caesars representatives did not immediately respond to a request for comment.

The disclosure came days after another major casino operator, MGM Resorts, was crippled by a cyberattack that left guests locked out of their rooms and left slot machines, sportsbooks and other systems inoperable.

Casino staffers resorted to checking in guests by hand, while onsite bars turned into cash-only establishments, according to Bloomberg.

Article Source link and Credit

Continue reading

Apple dethrones Microsoft as world’s most valuable company

Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology. Its shares jumped nearly 4% to a record $215.04, giving...

Elon Musk had sex with SpaceX employee who began as intern

Elon Musk had a sexual relationship with a SpaceX employee who started at the company as an intern and was then hired not long after she finished college before she ended things, according to a report. Musk, who has...

Auto leaders’ venture company picks North Carolina global headquarters

A venture company founded by seven of the world’s largest automakers will make North Carolina its global headquarters, backed by more than $3 million in taxpayer subsidy as potential reimbursement. IONNA says it is purpose-built to “lead, innovate, create,...