Criminal exploits of Scattered Spider earn respect of Russian ransomware hackers [CBS News]
MGM Resorts International (MGM)
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Source: CBS News
In the last year, ransomware hackers have targeted hospitals, pharmaceuticals, tech companies, and even Las Vegas' biggest hotels and casinos. Bryan Vorndran, the FBI's top cyber official, called ransomware an "enormous problem," and says no sector, company, or type of organization is off limits to hackers. There are estimates that global losses from ransom payments exceed $1 billion a year. "Any way you look at the numbers, it's a problem for the global economy, and for the U.S. economy, and for the security of the United States," Vorndran said. Scattered Spider hackers A loose-knit group of predominantly native-English speaking hackers, called Scattered Spider by the FBI, are behind some of the recent ransomware attacks, Vorndran said. The group is also known as Star Fraud, UNC3944, and Octo Tempest. Scattered Spider hackers are considered experts in social engineering. "Part of their success is because they are fluent in Western culture. They know how our society works," sai
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MGM
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- 2/13/24 - Beat
MGM
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/9/24 - Form 8-K
- 4/3/24 - Form 4
- MGM's page on the SEC website