{"id":289705,"date":"2023-09-14T11:33:50","date_gmt":"2023-09-14T16:33:50","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=289705"},"modified":"2023-09-16T11:59:13","modified_gmt":"2023-09-16T16:59:13","slug":"hack-targeted-caesars-reward-database-says-company","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/","title":{"rendered":"Caesars’ Rewards Database Targeted by Hackers, Says Company"},"content":{"rendered":"

Caesars Entertainment (NASDAQ: CZR) confirmed today that it was recently the victim of a cyber attack and that the bad actors targeted the Caesars Rewards database, among other data troves, held by the gaming company.<\/p>\n

\"Caesars
Caesars Palace on the Las Vegas Strip. The operator confirmed it was the target of a cyber attack and that hackers stole data from the Caesars Rewards database. (Image: Getty Images)<\/figcaption><\/figure>\n

The casino operator revealed in a Form 8-K filing with the Securities and Exchange Commission (SEC), corroborating recent speculation that it dealt with a negative cyber event days before rival MGM Resorts International (NYSE: MGM) faced similar issues. Rumors surfaced that Caesars paid the hacking group<\/a> \u201cScattered Spider,\u201d or UNC 3944, $30 million. In the filing, the operator didn\u2019t confirm that amount, nor did it mention the group by name, but implied it may have incurred expenses related to the hack.<\/p>\n

We have incurred, and may continue to incur, certain expenses related to this attack, including expenses to respond to, remediate and investigate this matter,\u201d according to the 8-K. \u201cThe full scope of the costs and related impacts of this incident, including the extent to which these costs will be offset by our cybersecurity insurance or potential indemnification claims against third parties, has not been determined.\u201d<\/p><\/blockquote>\n

The SEC recently instituted guidelines<\/a> requiring public companies to make disclosures to investors regarding \u201cmaterial\u201d events, such as fires at factories, storms hampering operations and cyber attacks.<\/p>\n

Caesars Rewards Database Jackpot for Hackers<\/h2>\n

Caesars Rewards has over 65 million members, making it the gaming industry\u2019s largest<\/a> loyalty program, making it a compelling target for cyber criminals.<\/p>\n

\n

In the regulatory filing, the gaming company confirmed the perpetrators acquired sensitive data, including driver\u2019s license and Social Security numbers, \u201cfor a significant number of members in the database.\u201d Caesars added that, as of yet, there is no evidence that the hackers acquired member PINs, bank account data or payment card numbers.<\/p>\n<\/div>\n

\u201cWe have taken steps to ensure that the stolen data is deleted by the unauthorized actor, although we cannot guarantee this result,\u201d added the Harrah\u2019s operator in the SEC filing. \u201cWe are monitoring the web and have not seen any evidence that the data has been further shared, published, or otherwise misused.\u201d<\/p>\n

As a result of the cyber infiltration, Caesars is offering free credit monitoring services to customers. That can be obtained by calling (888) 652-1580.<\/strong><\/p>\n

Caesars Ransomware May Not Be \u2018Material\u2019<\/h2>\n

\u201cMaterial\u201d is a subjective term. Assuming that Caesars paid $30 million to \u201cScattered Spider\u201d — the gaming company did not confirm that \u2013that\u2019s a small amount for a company with a market capitalization of $11.27 billion.<\/p>\n

Ransomware acts must be disclosed<\/a>, and while the full scope of what Caesars dealt with isn\u2019t immediately clear, the operator isn\u2019t characterizing the event as catastrophic.<\/strong><\/p>\n

\u201cAlthough we are unable to predict the full impact of this incident on guest behavior in the future, including whether a change in our guests\u2019 behavior could negatively impact our financial condition and results of operations on an ongoing basis, we currently do not expect that it will have a material effect on the Company\u2019s financial condition and results of operations,\u201d it concluded in the regulatory document.<\/p>\n","protected":false},"excerpt":{"rendered":"

Caesars Entertainment (NASDAQ: CZR) confirmed today that it was recently the victim of a cyber attack and that the bad actors targeted the Caesars Rewards database, among other data troves, held by the gaming company. The casino operator revealed in a Form 8-K filing with the Securities and Exchange Commission (SEC), corroborating recent speculation that […]<\/p>\n","protected":false},"author":46,"featured_media":235868,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,21,81886,16693],"tags":[81897,86118,23,82041],"acf":[],"yoast_head":"\nHack Targeted Caesars Reward Database, Says Company<\/title>\n<meta name=\"description\" content=\"Hackers stole personal information in Caesars Rewards database, says company.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hack Targeted Caesars Reward Database, Says Company\" \/>\n<meta property=\"og:description\" content=\"Hackers stole personal information in Caesars Rewards database, says company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-14T16:33:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-16T16:59:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/\",\"url\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/\",\"name\":\"Hack Targeted Caesars Reward Database, Says Company\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg\",\"datePublished\":\"2023-09-14T16:33:50+00:00\",\"dateModified\":\"2023-09-16T16:59:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Hackers stole personal information in Caesars Rewards database, says company.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg\",\"width\":1600,\"height\":900,\"caption\":\"Caesars Palace on the Las Vegas Strip. An analyst lowered his price target on Caesars stock. (Image: Getty Images)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Caesars’ Rewards Database Targeted by Hackers, Says Company\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hack Targeted Caesars Reward Database, Says Company","description":"Hackers stole personal information in Caesars Rewards database, says company.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/","og_locale":"en_US","og_type":"article","og_title":"Hack Targeted Caesars Reward Database, Says Company","og_description":"Hackers stole personal information in Caesars Rewards database, says company.","og_url":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2023-09-14T16:33:50+00:00","article_modified_time":"2023-09-16T16:59:13+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/","url":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/","name":"Hack Targeted Caesars Reward Database, Says Company","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg","datePublished":"2023-09-14T16:33:50+00:00","dateModified":"2023-09-16T16:59:13+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Hackers stole personal information in Caesars Rewards database, says company.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/CP-1.jpg","width":1600,"height":900,"caption":"Caesars Palace on the Las Vegas Strip. An analyst lowered his price target on Caesars stock. (Image: Getty Images)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/hack-targeted-caesars-reward-database-says-company\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Caesars’ Rewards Database Targeted by Hackers, Says Company"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/289705"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=289705"}],"version-history":[{"count":4,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/289705\/revisions"}],"predecessor-version":[{"id":289733,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/289705\/revisions\/289733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/235868"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=289705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=289705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=289705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}