MGM agrees to pay $45 million to victims of 2019 data breach and 2023 ransomware attack

MGM agrees to pay  million to victims of 2019 data breach and 2023 ransomware attack
Summary: MGM Resorts International has agreed to a million settlement for multiple class action lawsuits stemming from a 2019 data breach and a 2023 ransomware attack, which compromised the personal information of over 37 million customers. The settlement details a tiered compensation system for victims based on the type of information stolen, with additional funds for documented losses. The case, which highlighted significant operational disruptions, is still under investigation by the Federal Trade Commission.

Affected: MGM Resorts International

Keypoints :

  • MGM Resorts will pay million to settle lawsuits related to two major cyber incidents.
  • Over 37 million customers were impacted, with sensitive information such as names, addresses, and Social Security numbers exposed.
  • The settlement includes a tiered compensation system for victims and coverage for legal fees and identity theft protection services.

Source: https://therecord.media/mgm-agrees-45-million-payment-data-breach-ransomware-victims