Cybersecurity
Caesars Entertainment Paid Millions to Hackers in Attack
- Hackers stole data, extorted company, people familiar said
- Caesars breach came in weeks before MGM announced cyberattack
Caesars Palace in Las Vegas, Nevada.
Photographer: Bridget Bennett/BloombergThis article is for subscribers only.
Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter.
The disclosure of the alleged Caesars breach comes as another Las Vegas entertainment giant, MGM Resorts International, announced that it was hacked earlier this week.