{"id":39185,"date":"2024-02-09T18:30:57","date_gmt":"2024-02-10T02:30:57","guid":{"rendered":"https:\/\/www.casino.org\/vitalvegas\/?p=39185"},"modified":"2024-02-09T20:12:47","modified_gmt":"2024-02-10T04:12:47","slug":"caesars-pulls-plug-on-def-con-hacker-conference-its-awkward","status":"publish","type":"post","link":"https:\/\/www.casino.org\/vitalvegas\/caesars-pulls-plug-on-def-con-hacker-conference-its-awkward\/","title":{"rendered":"Caesars Pulls Plug on DEF CON Hacker Conference, It’s Awkward"},"content":{"rendered":"\n

Caesars Entertainment has discreetly ended a 25-year relationship with DEF CON, a hacker convention.<\/p>\n

Like many break-ups, this one involves copious drama, with DEF CON saying the “parting” is “confusing.” Well, let us un-confuse it: Caesars recently got burned by hackers to the tune of $15 million, and a hacker conference at their casinos is about as appealing as pineapple on pizza.<\/p>\n

We’ve got all the tea! Or as the kids call it, “iTea.” The kids actually aren’t that clever, but let’s try not to hurt their feelings.<\/p>\n

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Cue the part in every hacker movie where a computer whiz says, “We’re in!”<\/figcaption><\/figure>\n

For background, Caesars Entertainment and MGM Resorts, the two biggest casino companies in the world, were both hacked in 2023.<\/p>\n

Caesars paid<\/a> a $15 million “ransom” (negotiated down from a $30 million demand) to get its data back, avoiding months of agony and public embarrassment. MGM Resorts refused to deal with the hackers, and suffered serious consequences that continue to this day. The cost of MGM Resorts’ hack has exceeded $100 million, including having to rebuild its internal systems from scratch.<\/p>\n

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Caesars Entertainment stockholders after hearing insurance covers the $15 million ransom, so the hack pretty much cost the company nothing with virtually no disruption to business. pic.twitter.com\/dxdPi6cM4y<\/a><\/p>\n

— Vital Vegas (@VitalVegas) September 14, 2023<\/a><\/p><\/blockquote>\n