MGM Resorts has agreed to settle over a dozen class action lawsuits revolving around major data breaches that affected millions of customers. Following two significant cyberattacks—one in 2019 and a ransomware attack in 2023—MGM confirmed the theft of sensitive personal data. The proposed settlement of $45 million will see 30% allocated to attorney fees, with class action victims eligible for compensation up to $75 based on the information stolen. A federal court ruling on this agreement is expected later this year, highlighting ongoing issues in data security for large companies.
MGM Resorts' $45 million settlement addresses class action lawsuits stemming from cyberattacks affecting millions of customers and highlighted vulnerabilities in its data security.
Following significant breaches in 2019 and 2023, MGM agrees to a settlement that underscores the persistent threats and impact of cybercrime on personal data security.
With the 2023 ransomware attack causing decisions to increase expenditure due to security improvements, MGM faces a growing reckoning over customer data protections.
The settlement will allocate 30% for attorney fees while individual victims could receive up to $75 based on the severity of their data breaches.
Collection
[
|
...
]