The cyberattacks on MGM Resorts International and Caesars Entertainment in September 2023 had significant operational, reputational, and financial consequences, with MGM Resorts International reporting a $100 million impact on its third-quarter results and incurring a one-time cost of around $10 million, and the breach exposing sensitive personal information of over 10.6 million guests, raising concerns about security practices and the need for stronger authentication methods.
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MGM Resorts International and Caesars Entertainment Cyberattacks Result in Financial Losses and Reputational Damage
