The FBI intervened during a cyber-attack on Caesars Entertainment by the hacking group Scattered Spider, which took place in August 2023. Following a ransom demand initially set at $30 million, Caesars negotiated it down to $15 million, which they reportedly paid in Bitcoin. The FBI's quick action enabled them to freeze millions of dollars before the hackers could transfer the funds, showing the effectiveness of law enforcement in combating cybercrime. This incident highlights ongoing security challenges within the gaming industry, particularly regarding ransomware threats.
The FBI managed to track down and freeze millions of dollars of cryptocurrency Caesars Entertainment sent to a group of hackers that held the casino's computer systems ransom.
According to the document, the FBI raced to stop the flow of funds before the hackers managed to move the entire $15 million ransom.
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