Court approves $45M settlement in MGM cyberattack lawsuits

Added:
Court approves $45M settlement in MGM cyberattack lawsuits

A federal court has given approval for a $45 million settlement in two class-action lawsuits against MGM Resorts International, following cyberattacks from 2019 and 2023.

The final approval of the settlement is expected in June. The 2023 cyberattack caused major issues for MGM Resorts, particularly in Las Vegas, where guests faced issues like being unable to use credit cards, make reservations, or access hotel room apps for nearly ten days. Slot machines were shut down, and winners were paid manually.

Under the terms of the settlement, individuals whose personal information, such as Social Security numbers, passport details, or driver’s licenses, were exposed are eligible for cash payments. Those affected will also receive identity theft protection and credit monitoring services. MGM estimates that almost 37 million customers were impacted by the breach.

While the settlement will compensate affected individuals, MGM continues to face challenges in recovering from the attacks. The company has taken steps to strengthen its cybersecurity and avoid future breaches.

By Eliza Galstyan More from this author
  • ELA Games Expands into Denmark Through RoyalCasino Partnership ELA Games Expands into Denmark Through RoyalCasino Partnership
  • BK8 News Becomes Title Sponsor of Gresini Racing MotoGP BK8 News Becomes Title Sponsor of Gresini Racing MotoGP