By Zeba Siddiqui
SAN FRANCISCO (Reuters) — Hackers who breached casino giants MGM Resorts (NYSE:MGM) International and Caesars (NASDAQ:CZR) Entertainment in recent weeks also broke into the systems of three other companies in the manufacturing, retail, and technology space, a security executive familiar with the matter said.
David Bradbury, chief security officer of the identity management company Okta (NASDAQ:OKTA), said five of the company's clients, including MGM and Caesars, had fallen victim to hacking groups known as ALPHV and Scattered Spider since August.
In an interview with Reuters, Bradbury didn't name the other companies, but said Okta was cooperating with official investigations into the breaches.
The hacks have cast fresh spotlight on ransomware attacks — cyber intrusions that affect hundreds of companies every year, from healthcare providers to telecom firms. MGM and Caesars lost market value last week as stock prices fell, and MGM is yet to recover from various operations disrupted at the hotels and gaming venues it owns from Las Vegas to Macau.
San Francisco-based Okta, which says it has more than 17,000 customers around the world, provides identity services such as multi-factor authentication used to help users securely access online applications and websites. Multiple breaches it identified at its customers last month prompted the company to issue an alert then, Bradbury said.
«We saw this happened in such a small period of time and we thought we should be coming forward to the industry at large and explaining what's happening here,» he said.
At the time, Okta said its U.S. customers were reporting a consistent pattern of attacks where hackers impersonated a victim firm's employees and convincedRead more on investing.com