MGM Resorts on Wednesday said that a cyber incident that has significantly disrupted properties across the United States for the past three days represents a material risk to the company.
At the same time, the major credit rating agency Moody’s warned that the cyberattack could negatively affect MGM’s credit rating, saying the attack highlighted “key risks” within the company.
The company’s corporate email, restaurant reservation and hotel booking systems remain offline as a result of the attack, as do digital room keys. MGM on Wednesday filed a 8-K report with the Securities and Exchange Commission noting that on Tuesday the company issued a press release “regarding a cybersecurity issue involving the Company.”
