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Stock impact report

'Power, influence, notoriety': The Gen-Z hackers who struck MGM, Caesars [Reuters]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Reuters
Native English-speaking hackers would call up a target company's information technology helpdesk posing as an employee, and seek login details by pretending to have lost theirs. They had all the employee information needed to sound convincing. And once they got access, they'd quickly find their way into the company's most sensitive repositories to steal that data for extortion. Ransomware attacks are not new, but this group was extraordinarily skilled at social engineering and bypassing multi-factor authentication, said Wendi Whitmore, senior vice president for the security firm Palo Alto Networks' Unit 42 threat intelligence team, which has responded to several intrusions tied to the group. “They are much more sophisticated than many cybercriminal actors. They appear to be disciplined and organized in their attacks,” she said. “And that's something we typically see more frequently with nation-state actors, versus cyber criminals.” Known in the security industry variously as Sc Show less Read more
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