Ransomware attack on MGM Resorts costs $110 Million


In September the hospitality and entertainment company MGM Resorts was hit by a ransomware attack that shut down its systems at MGM Hotels and Casinos.

The incident affected hotel reservation systems in the United States and other IT systems that run the casino floors.

The company now revealed that the costs from the ransomware attack have exceeded $110 million. The company paid third-party experts $10 million to clean up its systems.