Hacked again, Caesars Entertainment to Pay $15 Million Ransom

In a distressing turn of events, Caesars Entertainment, a prominent gaming company, has fallen prey to a cyber-attack. According to a recent report from Bloomberg, the perpetrators demanded a hefty sum of $30 million, and the company ultimately acquiesced, paying out half of that amount. This alarming breach was disclosed by two individuals with knowledge of the incident who shared the information with the news agency.

The revelation of this multimillion-dollar ransom payment surfaced on Wednesday, casting a shadow over the situation. The attack has been attributed to the Scattered Spider group, also recognized as UNC3944. The hackers initially infiltrated a third-party IT vendor associated with the casino before gaining access to Caesars' network.

Remarkably, the occurrence remained concealed from the public eye until Bloomberg published an article, shedding light on the hack and the ransom demand. Subsequent to this exposé, the company reluctantly confirmed that customer data had indeed been pilfered. Caesars Entertainment asserted that rigorous measures were implemented to ensure the deletion of the purloined data by the cybercriminals.

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Our Conclusion

It is obvious that we would have no pity against the gambling institution. They get the money through greed and they simply deceive the players with low RTP on the daily basis.