In the fast-paced digital world we live in, cybersecurity threats are becoming more and more prevalent. Recently, two major players in the hospitality industry, MGM Resorts International and Caesars Entertainment, have filed SEC disclosures regarding cybersecurity incidents. Heres what you need to know about these developments.
MGM Resorts International revealed in its SEC filing that it had suffered a data breach that exposed the personal information of over 10.6 million guests. The breach occurred in the summer of 2019 and included details such as names, dates of birth, contact information, and even passport numbers. The company assured that no financial information was compromised in the incident.
Caesars Entertainment, on the other hand, disclosed that it had experienced a ransomware attack on its systems. The attack targeted the companys Las Vegas hotel and casino operations, affecting its ability to access certain systems and files. Although the company did not reveal the extent of the damage caused by the attack, it stated that it had implemented remediation measures to address the issue.
As a customer of MGM Resorts International or Caesars Entertainment, its important to be aware of the potential impact of these cybersecurity incidents. While MGM has offered free identity protection services to affected guests and assured that no financial data was compromised, customers should remain vigilant and monitor their personal information for any signs of unauthorized activity. Similarly, Caesars has not disclosed any specific details about the attacks impact, so customers should remain cautious and follow any guidance provided by the company.
Customers can protect themselves from cybersecurity threats by regularly updating their passwords, being cautious of suspicious emails or messages, and enabling two-factor authentication on their accounts. Its also important to avoid sharing personal information on unsecured websites and to monitor financial statements for any unusual activity.
Yes, cybersecurity is a growing concern for companies in the hospitality industry as they collect and store large amounts of sensitive customer data. With the increasing frequency of cyber attacks, companies must invest in robust cybersecurity measures to protect their customers information and maintain their reputation.
Companies should implement strong cybersecurity protocols, regularly update their systems to patch any vulnerabilities, conduct regular security audits, and provide training to their employees on cybersecurity best practices. Its also important for companies to have a response plan in place in case of a cybersecurity incident to minimize the impact on their customers and operations.
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MGM and Caesars report cybersecurity incidents to SEC.