There have now been two highly disruptive attacks on the gaming industry in a matter of weeks.
Get San Diego local news, weather forecasts, sports and lifestyle stories to your inbox.The cybercrime group demanded a $30 million ransom from Caesars, but the company ultimately agreed to pay around half that, sources said. The costs will be partially mitigated by Caesar's cyber insurance policies.
But Caesars does not anticipate the ransom payment or fallout will have a material impact on the company's bottom line, according to the filing. "Although members of the group may be less experienced and younger than many of the established multifaceted extortion and ransomware groups, they are a serious threat to large companies in the United States," Charles Carmakal, chief technology officer at
Cloud's Mandiant, told CNBC."Many members are native English speakers and are incredibly effective social engineers."
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