Cyberattack Strikes Olympia Gaming Compromising Operations
Olympia Gaming, the operator of Casino Fandango in Carson City and Legends Bay in Sparks, has become the latest victim of a cyberattack in the gambling industry.
Olympia Gaming has been targeted in a new cyberattack.
LISTEN TO THIS ARTICLE:The operator was carrying out an evaluation of its operations and found that it was the victim of a “cybersecurity hack”. Olympia Gaming is now focused on quickly and securely returning to normal operations and ensuring the safety and well-being of its guests and employees.
Steps Taken to Secure Systems
A company spokesperson said that immediate steps were taken to secure their systems following the breach. The company also initiated an investigation into the incident and has engaged external cybersecurity experts to provide support and ensure a thorough review.
Details on whether the hackers accessed customer data remain undisclosed at this time. Additionally, the specific systems that were affected by the breach and whether a ransom was demanded are also currently unknown. The company is working diligently to gather more information and will provide updates as they become available.
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Cyberattacks and the Gambling Industry
Hackers utilize various methods online to steal sensitive information. Phishing attempts, often disguised as legitimate requests, are a common tactic. For instance, an employee might receive an email prompting them to log into their account, leading them to a fake page that mimics the original. Once they enter their information, hackers gain access to the company’s real systems.
The gambling industry frequently faces such threats, a big example being the MGM cyberattack not a long time ago. These incidents are prompting operators worldwide to invest heavily in cybersecurity. Despite these efforts, cyberattacks can still disrupt casino operations and temporarily halt business activities.
Earlier this week, Nicole Solaita, the SVP and chief audit executive at Caesars, warned that cyberattacks on the gaming industry are the “new norm”. Furthermore, a recent report from KPMG, “State of Risk in the Gaming Industry”, found that investors are increasingly concerned about the risk of cyberattacks.
This led the US Securities Exchange Commission (SEC) to introduce new rules designed to make sure companies follow proper guidelines in regard to the speed, reliability, and effectiveness of their cyber-incident response plan.
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