After a series of cyberattacks targeting casino giants, including MGM Resorts International and Caesars Entertainment Inc., the International Gaming Standards Association (IGSA) has taken proactive measures. They’ve introduced the Cyber Resiliency Committee (CRC). The objective? To outline and enforce standards related to cybersecurity governance, framework control, and cyber risk management for the casino domain.
Earle G. Hall, IGSA’s Chairman and CEO of AXES.ai, expressed, “It is very inspiring to see IGSA Platinum and Gold members come together rapidly to address the alarming rate of increase of cybersecurity issues in our industry. Our members are clear that cybersecurity has to be a top priority for all gaming suppliers in our industry to protect operators and our industry at large. A sincere thank you to Aristocrat Technologies and Light & Wonder for stepping up to lead this initiative to improve our industry.”
IGSA’s primary role has been to determine and uphold international standards for the casino and gaming sector. The recent MGM cyber onslaught that took place on September 10 was severe. It disrupted their US-based casinos, affecting their reservation platforms, specific slot machines, and websites. The FBI has taken over the investigation.
Caesars also found themselves in the crosshairs, with a potential exposure of critical information following a security breach. Reports indicate that they’ve paid half of the $30 million ransom demanded by cybercriminals.
IGSA President, Peter DeRaedt, commented, “IGSA is being called to lead a concerted effort to create cyber standards to protect our industry and that is exactly what we will do thanks to the incredible leadership within our Platinum and Gold members. This committee will solicit experts within our membership to create ready-to-use standards to improve cyber resilience.”
Rumors suggest the group Scattered Spider, also recognized as UNC3944, is behind the attacks on MGM and Caesars. They’ve not restricted their activities to the gaming industry, having reportedly compromised three other firms in retail, manufacturing, and tech sectors. This hacking consortium predominantly operates from the United States and the United Kingdom.
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