Caesars Entertainment Inc. paid hackers who threatened to leak the company's data by breaking into the company's servers 10 millions of dollars.
Requests for comments were not answered by Caesars. Shares of the business decreased 2.7% to $52.35.
The hackers first breached a third-party IT vendor before gaining access to the company’s network.
Source: https://www.databreaches.net/caesars-entertainment-paid-millions-to-hackers-in-attacks/
TPRM report: https://scoringcyber.rankiteo.com/company/caesars-entertainment-inc
"id": "cae105416923",
"linkid": "caesars-entertainment-inc",
"type": "Breach",
"date": "10/2022",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'industry': 'Entertainment, Hospitality',
'name': 'Caesars Entertainment Inc.',
'type': 'Corporation'}],
'attack_vector': 'Third-party IT vendor breach',
'description': 'Caesars Entertainment Inc. paid hackers who threatened to '
"leak the company's data by breaking into the company's "
'servers 10 million dollars.',
'impact': {'financial_loss': '10 million dollars'},
'initial_access_broker': {'entry_point': 'Third-party IT vendor'},
'motivation': 'Financial Gain',
'ransomware': {'ransom_demanded': '10 million dollars',
'ransom_paid': '10 million dollars'},
'title': 'Caesars Entertainment Data Breach and Ransom Payment',
'type': 'Data Breach, Ransomware'}