Caesars Entertainment paid millions to hackers in attacks

Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter.

Caesars is expected to disclose the cyberattack in a regulatory filing soon, the people said. The revelation of the alleged Caesars breach comes as another Las Vegas entertainment giant, MGM Resorts International, announced it had been hacked earlier this week.

Read more from Bloomberg at BharatExpress. It sounds like both Caesars and MGM were hit by the same group, variously known as “Scattered Spider” or “UNC 3944.” They are believed to be a subgroup of AlphV (BlackCat).

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