Las Vegas cyberattacks reveal weaknesses in casino security

Shares of MGM Resorts (MGM) close slightly lower after a cyberattack shut down the Las Vegas operators’ systems. Last week, Caesars Entertainment’s (CZR) systems and user data were also reportedly attacked.Recorded Future Threat Intelligence Analyst Allan Liska breaks down the implications of these hacks and cybersecurity systems that can be set in place to avoid these types of attacks.Liska states these events could become “an investor confidence issue” and will lead these companies to beef up their cybersecurity, and most likely their physical on-site security as well. He cites the lack of proper social engineering training at most casinos, noting the attack did not appear to be complex and could make for very easy targets for hackers “with the right attitude.”