MoneyConsumerDon't Waste Your Money

Actions

MGM Resorts cyberattack won't be the last: how to protect yourself

Hackers getting more daring
MGM Resorts still reeling from 'cybersecurity issue'
Posted at 5:00 AM, Sep 27, 2023
and last updated 2023-09-27 07:18:05-04

If you've recently traveled to a casino, or are planning a trip soon, you probably have followed the cyberattacks against MGM and Caesar's.

But travelers should be beware, because security experts say those cyberattacks will not be the last.

Davina Koss has just flown home from a trip to Las Vegas that she will never forget.

"We tried to get player's cards," she said, "but they said they couldn't do that because everything was down."

A massive cyberattack made for a frustrating casino visit.

"People were just sitting at their slot machines waiting for their cash out, because you had to get cash," Koss said.

The attack did not just impact MGM casinos, however.

Many services were down at Amber McCarthy's hotel.

"No TV worked in our room," she said, "and there was no electric at the restaurants, they would only accept cash."

MGM, however, is hardly the first company facing a cyberattack this year, and it won't be the last.

Even Clorox was recently targeted, leading to temporary product shortages.

Cyberattacks increasing in 2023

Data security company Check Point reports an eight percent rise in weekly attacks for the second quarter of this year, the most significant surge in the last two years.

"I would not be answering a single email if it came from MGM right now because the hackers are gonna be brand impersonating."

Check Point's Pete Nicoletti says recent attacks are raising new concerns about a powerful tool in cyberattacks called social engineering, " which targets an employee or person associated with the company, not a weakness in the system.

Often, they pretend to be employees who have lost their password, and contact the company's help desk.

"98% of successful attacks involve some aspect of social engineering," he said.

So how can you protect yourself? Check Point says:

  • When you learn of a cyberattack, monitor your banking and credit card information.
  • Be on alert for phishing emails, or texts or voice calls designed to trick you into sharing information.
  • Check your credit report periodically.

Meantime, security experts say recent visitors to MGM resorts hotels should watch their credit card statements closely, just in case of suspicious charges.

That way you don't waste your money.

___________________________

"Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").

Follow John:

For more consumer news and money saving advice, go to www.dontwasteyourmoney.com

dwym-480x360.png

Don't Waste Your Money

Have a problem?
Send me an email, at jmatarese@wcpo.com or message me on Facebook.