Connect with us

Hi, what are you looking for?

Videos

MGM and Caesars data breach is reportedly connected to Clorox cyberattack

The Clorox Company (CLX) recently suffered a cyberattack attributed to the hacker group known as “Scattered Spider”, according to a Bloomberg report. The same group was allegedly responsible for recent breaches against Las Vegas casino-hotel operators MGM Resorts International (MGM) and Caesars Entertainment (CZR). Clorox stated that the security incident is expected to result in sales losses exceeding 20%. Forrester Principal Analyst for Security Allie Mellen emphasizes all organizations are potential targets for cyberattacks, with hackers favoring those that impact “business continuity.” She advises organizations to implement security measures and policies across all facets of a business, not solely within the security department. “It’s not surprising to see that these are the types of targets that they would choose in particular because many of the organizations that they’re choosing to target rely on continuous uptime,” Mellen tells Yahoo Finance, adding: “and that’s especially true for organizations like casinos and consumer goods, so ultimately those are gonna be huge targets because they’re the ones who are really going to feel the pain from these types of attacks.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Subscribe to Yahoo Finance:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit:

Connect with Yahoo Finance:
Get the latest news:
Find Yahoo Finance on Facebook:
Follow Yahoo Finance on Twitter:
Follow Yahoo Finance on Instagram:
Follow Yahoo Finance Premium on Twitter:

You May Also Like

Stocks

As gasoline and vitality prices improve world wide and particularly in the US, the pursuit for renewable vitality sources has change into much more...

Stocks

Kellogg, one of many largest suppliers of packaged meals in the US and the world, has maintained a usually consolidated management of all of...

Stocks

As fears of inflation are affecting your entire United States financial system, one sector that’s taking over the brunt of the injury is the...

Stocks

Again in April, Tesla and SpaceX CEO Elon Musk made main waves when he introduced his intent to buy the social media platform Twitter...