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Casinos — more than anyone — understand the cost for disrupting their revenue streams. There is also the possibility of damaging future revenue streams if they
by tcbawo 3y ago
Casinos — more than anyone — understand the cost for disrupting their revenue streams. There is also the possibility of damaging future revenue streams if they take much of a reputational hit. They have all probably anticipated such an event and are prepared to negotiate and act quickly.
- prng2021 3y agoThen how do you explain MGM not negotiating and acting quickly?
- fbdab103 3y agoNobody wants to assume they cannot get out of the mess. At some point, someone has to make the tough call to sign a check to make the problem disappear.
- deleted 3y ago[deleted]
- ozaark 3y agoAs far as reputation goes it looks like Caesars paid the $10m ransom after having the loyalty member db exposed with drivers licenses and social security numbers. They also have no real guarantee the data stolen will be deleted. Still might be better for them being a "quiet" incident as opposed to disrupting operations like mgm.
- tracerbulletx 3y agoI think more than that, they wouldn't want to embarrass their whales by having data leak on them like the amount that they lose every year.
- TechBro8615 3y agoYeah, rather than take a reputational hit, they've now got a reputation for paying ransoms to hackers. They will now be targeted by more hackers wanting ransoms.