Caesars Entertainment Suffered Cyber Attack; Hack Was Caesars Initiated By IT Help Desk Scheme
Portfolio Pulse from Benzinga Newsdesk
Caesars Entertainment has suffered a cyber attack, which was initiated through an IT help desk scheme, according to sources cited by the Wall Street Journal.
September 13, 2023 | 8:33 pm
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NEGATIVE IMPACT
Caesars Entertainment's operations may be disrupted due to the cyber attack, potentially impacting its financial performance.
Cyber attacks can disrupt a company's operations, leading to financial losses. As the attack was initiated through an IT help desk scheme, it may indicate vulnerabilities in Caesars Entertainment's IT security, which could lead to further attacks in the future. This could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100