this post was submitted on 19 Sep 2023
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cross-posted from: https://discuss.tchncs.de/post/3473050

"In this video I discuss how MGM and Cesar's Entertainment Resort/Casinos were hacked by a ransomware group and had sensitive customer data and company data exfiltrated from their servers. So far Cesar's Entertainment has paid half of the 30 million dollar to keep files from being released by MGM has paid nothing and the hackers are threatening to ruin MGM's reputation with a data leak."

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[–] [email protected] -2 points 1 year ago* (last edited 1 year ago) (18 children)

They are not giving this windfall to charity.

When they use these funds to attack more targets, including schools, hospitals etc will you be happy then?

That is the problem. Every win by these groups fuels more activity.

[–] [email protected] 1 points 1 year ago (3 children)

I mean... Do schools and hospitals have that kind of money at all? You attack school with ransomware and then what? Ask them to pay? With what money, lol? Are they going to pay in kids chromebooks? It's far more lucrative to attack something that actually has money

[–] [email protected] 4 points 1 year ago (2 children)
[–] [email protected] 2 points 1 year ago

I suspect this will change once insurance companies stop giving coverage for ransomware. It's already been happening for a few years.

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