Star Fraud demanded $30million ransom payment for MGM Resorts cyberattack

A $30 million ransom payment was demanded by the ransomware group Star Fraud for data that was stolen during an attack on MGM Resorts International. A $100 million loss in revenue was caused by the cyberattack that compromised the casino's systems and exposed personally identifiable information of its patrons.

The hack was caused by a seemingly innocent phone call to MGM's tech support, and it highlights a serious weakness in the cybersecurity procedures of the company. By taking advantage of a flaw in the tech support systems, the hackers were able to assume the identity of an MGM employee and enter the company's networks without authorization.

 

[Qwert135]

Indeed actually if only a simple phone call is able to make that much problem for a compare they definitely need to make sure that they make changes in there security structure and they should apply much more stricter firewalls and make sure that no one is able to pass there security structure without having access to it given by the company indeed