Cybersecurity

MGM Hackers Waited for Days Before Issuing Their Ransom Demands

  • CEO says his teams were well into the fight when note arrived
  • Hackers ‘got wind of what we were doing,’ Hornbuckle said
MGM Says Computer Hack Will Cost It $100M in Lost Profit
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MGM Resorts International Chief Executive Officer Bill Hornbuckle chose not pay a ransom to hackers who broke into his casino chain’s computer system because they didn’t ask for money until well after the company discovered the attack.

The intruders moved through MGM’s systems for several days before sending a ransom note, Hornbuckle said in an interview Tuesday. The attack was so far along and the company had already begun rebuilding systems that were pulled offline that Hornbuckle chose to not even respond to the hackers.