News Comment #3- MGM Resorts says cyberattack could have material effect on company

On Wednesday, MGM Resort issued a cyber incident that disrupted many across the United States. Not only is this an issue for the guests of MGM Resort but it also negatively affects the credit rating of MGM. They decided to remain offline on the company’s corporate email, restaurant reservation, digital room keys, and hotel booking systems. MGM’s share price has declined more than 6% since Monday. Customers complained about how their hotel keys weren’t working during the outage. In 2020, it was said that more than 10 million customers lost their customer’s personal data.

This is news because this company faced a cyber attack that affected many across the United States. It is known as one of the most recognized resort brands in the industry. With this being said, this is relevant news that affects anyone who is looking to do business with this resort company.

https://www.nbcnews.com/tech/security/mgm-resorts-says-cyberattack-material-effect-company-rcna104903

One thought on “News Comment #3- MGM Resorts says cyberattack could have material effect on company

  1. This is also news because these attacks are becoming more common,
    and more costly. They affect businesses and customers.

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