Businesses insure themselves against losses from fires, on-premise injuries, even hurricanes.
But financial losses from cybersecurity attacks, such as the ones experienced by two major casino companies within the past month, are rising faster than others, surpassing financial losses from pandemics and employee skills shortages.
MGM Resorts International, now in its eighth day of a cybersecurity problem the company has yet to label as a ransomware attack, offered no updates on bringing systems back online when contacted Monday, and its “frequently asked questions” internet page had not been updated.
