Caesars reportedly paid millions to stop hackers releasing its data
Caesars reportedly paid millions to stop hackers releasing its data
Caesars Entertainment reportedly paid "tens of millions of dollars" to hackers who threatened to release company data.
It's the second Las Vegas casino group to be attacked this week.
If they paid millions, then they probably stood to lose/be sued for billions..
It's interesting to think about the position that Caesar's is in, with regard to trust. How do you determine that you can trust the hackers enough to pay them, that they won't release the data anyway? Like... do the hackers have prior exploits they can point to saying "Hey, we took company X's data, they paid up, and we didn't release their info, so you can trust us?"
I mean, there's also the thought that if they don't pay up, it will definitely be released, so it comes down to something of a risk analysis.
Unless there's a personal vendetta against the company, hackers usually go along with it.
If hackers (as a whole) build a reputation for ripping people off, future targets would never comply with their demands.
Cool. Good thing I didn't just stay at one of their properties.
The hack wasn't just the them.