MGM Resorts acknowledges hackers also stole data in attack that disrupted operations

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MGM Resorts acknowledges hackers also stole data in attack that disrupted operations
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Christopher Hutton is a technology reporter for the Washington Examiner covering Big Tech companies like Facebook and X as well as the regulatory efforts by Washington to rein in the tech companies. He previously wrote for a number of other outlets, including Daily Dot, Pando Daily, Religion Unplugged, and other outlets. He graduated from Ball State University in 2020 with a master's in sociology. You can find him on X at @chris_journo.

The hotel chain MGM Resorts confirmed that an unknown number of people had their data stolen during the recent multiday hack and estimated that the damages would total $100 million.

The hotel's damages are also expected to bring the company's profit margins down by $100 million in the third quarter, according to the filing. MGM Resorts expects its cyber insurance policy will be"sufficient" to cover the costs of the damages, but"the full scope of the costs and related impacts of this issue has not been determined."

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