Haseeb Shaheen reports: In a recent turn of events, the claims portal for the globally renowned cryptocurrency exchange FTX has resumed its full-fledged operation. The operations were suspended following a security incident that took place with Kroll, the third-party agent responsible for handling the creditor claims amidst the ongoing FTX bankruptcy. The cybersecurity incident is just…
Category: Business Sector
Iranian state-backed hackers target global satellite, defense, and pharma companies
The Shillong Times reports: Microsoft analysts have revealed that Iranian state-backed hackers have been actively targeting satellite, defense, and pharmaceutical companies worldwide. Their primary objective appears to be gathering intelligence and potentially bolstering domestic production in these industries, particularly in the face of heavy US sanctions. As per IANS, these hackers have successfully infiltrated multiple…
Caesars Entertainment confirms ransom payment, customer data theft
Sergiu Gatlan reports: Caesars Entertainment, self-described as the largest U.S. casino chain with the most extensive loyalty program in the industry, says it paid a ransom to avoid the online leak of customer data stolen in a recent cyberattack. Caesars discovered on September 7th that the attackers stole its loyalty program database, which stores driver’s…
MGM and Caesars Hacked by Same Group in Span of a Few Weeks
William Turton, Christopher Palmeri, and Katrina Manson report: MGM Resorts International was hacked by the same group of attackers that breached Caesars Entertainment Inc. weeks earlier, according to four people familiar with the matter. The hackers demanded a ransom from MGM, according to two of the people. It wasn’t immediately clear how much ransom was requested or if…
Caesars Entertainment paid millions to hackers in attacks
Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter. Caesars is expected to disclose the cyberattack in a regulatory filing soon, the people said. The revelation of the alleged…
MGM Resorts incident: social engineering strikes again?
If the claims of someone in an AlphV (BlackCat) subgroup known for social engineering skills are true — and vx-underground believes their source is credible, then …. words fail: All ALPHV ransomware group did to compromise MGM Resorts was hop on LinkedIn, find an employee, then call the Help Desk. A company valued at $33,900,000,000…