Computer Security News and Insights
In 2023, MGM Resorts lost an estimated $100 million after a social engineering attack opened the door to ransomware that crippled casino floors, hotel check-ins, and digital room keys for days. The attackers didn't use some exotic, never-before-seen weapon. They used well-known types of malware — the same categories
The Click That Cost One Company $47 Million In 2023, MGM Resorts was brought to its knees — not by a sophisticated zero-day exploit, but by a single social engineering phone call that led to credential theft. The resulting breach caused an estimated $100 million in damages. And it started with
Your Home Office Is Now the Attack Surface In 2023, a single remote employee at MGM Resorts answered a social engineering call from a threat actor impersonating IT support. That one interaction led to a ransomware attack that cost the company over $100 million in losses. The attacker didn'
That "Unsubscribe" Click Just Cost Someone Their Entire Network Last year, I worked with a mid-size logistics company that lost access to every file server, customer database, and email system they had. The entry point? A single spam email disguised as a shipping notification. One employee clicked an
A Single Stolen Password Cost One Company $60 Million In 2023, MGM Resorts got hit by a social engineering attack that started with a single phone call to the help desk. The threat actors impersonated an employee, reset credentials, and within hours had enough access to deploy ransomware across the
In March 2024, a threat actor used a simple brute force attack to compromise a Roku employee's credentials, ultimately exposing over 576,000 customer accounts. No zero-day exploit. No sophisticated malware. Just automated password guessing against accounts with weak credentials and no multi-factor authentication. Brute force attack prevention
The Breach That Proved Firewalls Aren't Enough In 2023, MGM Resorts lost an estimated $100 million after a threat actor used social engineering — a single phone call to the help desk — to bypass perimeter defenses and move laterally through internal systems. The attackers didn't need to
In 2023, MGM Resorts lost roughly $100 million from a single social engineering phone call. A threat actor called the help desk, impersonated an employee found on LinkedIn, and within minutes had the credentials needed to deploy ransomware across the entire enterprise. That's not a firewall failure. That&
A Single Email Cost This Company $121 Million In 2019, a Lithuanian national named Evaldas Rimasauskas pleaded guilty to stealing over $121 million from Google and Facebook. His weapon wasn't malware. It wasn't a zero-day exploit. It was phishing — forged emails impersonating a legitimate hardware vendor,
Last year, a mid-size accounting firm in Ohio lost $1.2 million after a single employee clicked one link in a spoofed Microsoft 365 email. The link looked like a routine password-reset page. It wasn't. Within 90 minutes, a threat actor had harvested credentials, bypassed weak authentication, and
