MGM Resorts International Addresses Cybersecurity Concern, Collaborates with Authorities
Portfolio Pulse from Benzinga Newsdesk
MGM Resorts International has identified a cybersecurity issue affecting some of its systems. The company has initiated an investigation with the help of external cybersecurity experts and has notified law enforcement. Measures are being taken to protect the systems and data, including shutting down certain systems. The investigation is ongoing.
September 13, 2023 | 10:16 am
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MGM Resorts International is dealing with a cybersecurity issue. The company is taking measures to protect its systems and data, which could potentially disrupt operations in the short term.
Cybersecurity issues can lead to operational disruptions and potential data breaches, which can harm a company's reputation and financial performance. As such, this news is likely to have a negative impact on MGM's stock in the short term.
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