While MGM Resorts International CFO Jonathan Halkyard said Tuesday that business was largely back to normal roughly a month after its September cyberattack, he also doesn’t expect a related insurance matter to be resolved until sometime next year. “We will have a business interruption claim … which should be resolved sometime in 2024,” Halkyard said […]
Cryptography is largely taken for granted – rarely evaluated or checked – a practice that could have devastating consequences for businesses as attack surfaces continue to expand, the cost of a data breach rises year-over-year, and the age of quantum computing nears, according to Quantum Xchange. Examining more than 200 terabytes of network traffic – […]
Despite the breach, Volex’s operations remain largely unaffected, and the financial impact is expected to be minimal. The details of the breach, including the method of attack and any ransom demands, remain undisclosed.