{"id":290742,"date":"2023-09-21T15:58:35","date_gmt":"2023-09-21T20:58:35","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=290742"},"modified":"2023-09-23T21:26:23","modified_gmt":"2023-09-24T02:26:23","slug":"caesars-mgm-could-see-cyber-insurance-rates-rise","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/caesars-mgm-could-see-cyber-insurance-rates-rise\/","title":{"rendered":"Casino Ransomware Attacks Could Stoke Higher Insurance Costs"},"content":{"rendered":"
Following a recent ransomware attack, Caesars Entertainment (NASDAQ: CZR) announced in a regulatory filing that an unidentified insurance provider will cover the costs of a payment to cyber criminals. Analysts widely expect rival MGM Resorts International (NYSE: MGM) to soon make a similar proclamation. The bad news is that it could lead to high cyber insurance costs.<\/p>\n