51–60 of 111 posts
How is it even possible for all aspects of such a massive enterprise to all share a single point of failure like that? And why can't they just cut their losses on the past N days of business, restore all these servers from snapshots and get back to business?
Some middle-manager somewhere, probably.
This really feels like 1650's nautical piracy. Someone outside the reach of the law of the targeted country's merchants, making tons of money by theft and ransom. And like the pirates of old, often supported by the host nation so long as their attacks disrupt the activities of rivals nations' merchants.
How is it even possible for all aspects of such a massive enterprise to all share a single point of failure like that? And why can't they just cut their losses on the past N days of business, restore all these servers from snapshots and get back to business?
1. Restoring networks, servers, third party services with knowledge that anything you restore could be compromised as well. Keys
2. The attackers will then threaten to dump all of your private information.
It is more than just restoring data, it is restoring and resetting your entire infrastructure. And most places have backups, but they don't practice entire restores
Earlier quoted context omitted.
Merchants provide a value to society and pirates harm that. The thieves are providing a value to society in this case by damaging casinos, which provide no value to society and only harm citizens.
Casinos provide leisure and entertainment. If what you're actually trying to say is that they are overall a net harm, then I'd point out that imperial mercantilism was also quite harmful to many people. At least MGM hasn't overthrown any countries.
I never like it when writers use the word "lose" to describe money not earned. Yeah, MGM is not earning as much as it could because of this attack. They are under pressure to settle with the attackers. Articles like this can increase that pressure. I'm glad that they aren't settling, and I'm certain that they will survive this attack.
If your employer gives you 2 weeks notice of employment termination, did you lose your job? After all, it only applies to future payroll periods.
I'm curious if MGM fully understood their cyber risks. Many companies underestimate threats until something like this happens. After seeing MGM, if other hotels beef up security too (very likely), will overall costs for consumers go up?
> Many companies underestimate threats until something like this happens Speaking from my experience, many don't understand the threats even after an incident. The reaction is often to add 'more security' under any name. More restrictive policies, more scanning, more layers of MFA - just blindly layering on things because it's seen as 'more secure' without properly understanding how it affects risk is an awful approa…
This really feels like 1650's nautical piracy. Someone outside the reach of the law of the targeted country's merchants, making tons of money by theft and ransom. And like the pirates of old, often supported by the host nation so long as their attacks disrupt the activities of rivals nations' merchants.
Merchants provide a value to society and pirates harm that. The thieves are providing a value to society in this case by damaging casinos, which provide no value to society and only harm citizens.
People are saving up to $8.4M a day due to cyberattack, and gambling addicts are being spared, analysts say
Yep. They definitely can’t walk down the street to another casino to make poor decisions.
Earlier quoted context omitted.
It's not even that, it's revenue. > MGM Resorts International could be losing between $4.2 million and $8.4 million in daily revenue
Revenue is a measure of income. Unless speaking about specific types of revenue or specific types of income, they are synonymous.
How is it even possible for all aspects of such a massive enterprise to all share a single point of failure like that? And why can't they just cut their losses on the past N days of business, restore all these servers from snapshots and get back to business?
https://mgmresorts.okta.com/app/mgmresortsprod_neocaseemploy...