10/11/2023 0 Comments Cancel linkedin premium after payment![]() LinkedIn acquired Lynda, the platform offering various learning courses to interested individuals. But did you know you can undertake educational courses on LinkedIn? “It’s going to leave a bad taste in your mouth.LinkedIn is primarily a platform for job seekers and employers to find work and potential talent. “But imagine you save up all year to go to Vegas, and then you have this experience,” he says. They like the prices or the products or whatever it is.” “With retail, the fact of the matter is oftentimes if people have their data breached, they’re going to continue to shop there. “We’ve seen that industries are affected differently reputationally by these types of things,” says Hamerstone. “We’ve seen that once attackers are in the system, they will sometimes look for your cyber insurance policy to see how much you’re covered for and then ask for that amount.”Įven after its systems are back up and running, MGM might suffer longer term reputational damage. They they do a lot of research,” Hamerstone says. “But you just have to remember that these are very sophisticated, very well-organized groups. The amount of the ransom is also unknown. But they’ll also oftentimes take data and then threaten to release it if you don’t pay them.” MORE FROM FORBES A Cyberattack Shuts Down MGM Resorts In Las Vegas And Other Cities By Suzanne Rowan Kelleher So if hackers have encrypted your system, they’ll want a ransom to give you the key or to give access back. ![]() “But based on incidents that we see,” says Hamerstone, “it’s oftentimes multifold. It’s still not clear exactly what the hackers have. “It’s not uncommon for companies to shut down systems on their own to to prevent the spread.” “If there is an incident, you want to stop it as quickly as possible and you want to stop access,” he says, noting that he is speculating about the nature of the breach based on reports. Once the MGM breach was discovered, Hamerstone says it was appropriate for the company shut down their systems. Based on those figures, MGM’s Vegas Strip properties bring in more than $13 million per day in revenue. In the quarter that ended on June 30, the company reported that its Las Vegas Strip properties generated revenue of $1.2 billion just from hotel rooms and casinos. It’s clear that what MGM has called a “cybersecurity issue” will be extremely costly. “VX-Underground is a researcher that absolutely knows cybersecurity.” “VX-Underground is well respected in the cybersecurity community and often talks with threat actors,” says Martin Zugec, technical solutions director at Bitdefender, a multinational cybersecurity firm. While ALPHV’s responsibility for the attack has not been verified, cybersecurity experts say VX-Underground is a reliable source. The FBI confirmed it was involved in the ongoing investigation. Neither MGM nor the FBI has publicly characterized the nature of the breach, and MGM has not responded to Forbes’ multiple requests for comment. In April 2022, CISA, America’s cyber defense agency, issued an alert based on an FBI flash report on ALPHV, noting the criminal group had “compromised at least 60 entities worldwide.” ALPHV is an extremely well-known black-hat actor in the cybersecurity industry, thought to be responsible for attacks against Reddit and Western Digital, among others.
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