VIDEO
Case Study: Social Engineering Attack Costs MGM Resorts Over $100 Million
Video Summary:
Hackers have turned up the heat on social engineering attacks, as the recent devastating MGM Resorts hack illustrates. This September 2023 social engineering attack cost MGM Resorts over $100 million due to system-wide outage. Customers were unable to use credit cards, digital hotel room keys didn’t work, casino machines were down, the web site was broken, and more. How do you avoid this type of social engineering attack? We’ll dive into the details of the 2023 MGM Resorts attack, and share tips on how to incorporate social engineering defenses and training for employees in your cybersecurity plan. For more information, read our blog on social engineering training: https://www.lmgsecurity.com/2023-mgm-breach-a-wake-up-call-for-better-social-engineering-training-for-employees/ or our blog on social engineering cross-tenant impersonation attacks: https://www.lmgsecurity.com/social-engineering-scams-cross-tenant-impersonation-attacks-voice-cloning-risks-and-more/
Hackers have turned up the heat on social engineering attacks, as the recent devastating MGM Resorts hack illustrates. This September 2023 social engineering attack cost MGM Resorts over $100 million due to system-wide outage. Customers were unable to use credit cards, digital hotel room keys didn’t work, casino machines were down, the web site was broken, and more. How do you avoid this type of social engineering attack? We’ll dive into the details of the 2023 MGM Resorts attack, and share tips on how to incorporate social engineering defenses and training for employees in your cybersecurity plan. For more information, read our blog on social engineering training: https://www.lmgsecurity.com/2023-mgm-breach-a-wake-up-call-for-better-social-engineering-training-for-employees/ or our blog on social engineering cross-tenant impersonation attacks: https://www.lmgsecurity.com/social-engineering-scams-cross-tenant-impersonation-attacks-voice-cloning-risks-and-more/
