MGM, Caesars attacks raise new concerns about social engineering tactics
Multiple threat groups have employed the same criminal tool kit to target vulnerable systems.
What are the recent attacks on MGM and Caesars about?
The recent attacks on MGM Resorts and Caesars Entertainment involved social engineering tactics where threat groups, including AlphV (also known as BlackCat), targeted employees by sending messages that prompted them to reauthenticate their identities or update account information. This allowed the attackers to install remote monitoring tools, providing them with backup access to the systems.
Who are the threat actors involved in these attacks?
The attacks are attributed to multiple threat groups, primarily AlphV and Muddled Libra, which have been active since mid-2022. These groups use a shared toolkit to exploit vulnerabilities, often targeting outsourcing firms that serve high-value clients, including those in the cryptocurrency sector.
What vulnerabilities do social engineering attacks exploit?
The attacks underscore the vulnerabilities associated with the human element in cybersecurity. Despite advanced security measures, attackers continue to exploit social engineering tactics, particularly targeting multifactor authentication processes. This highlights the risks not only to the companies themselves but also to their external business partners.
MGM, Caesars attacks raise new concerns about social engineering tactics
published by Computer Age Electronics
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