US hospitality and entertainment giant MGM Resorts was hacked by known ransomware gang ALPHV, also known as BlackCat. MGM’s website, casinos, hotel booking systems, restaurant reservations, and digital keys were among the impacted systems, which have not yet been fully restored. The hacking, conducted via social engineering, could have material impact on MGM, potentially affecting its credit rating and share prices.

ANZ businesses overestimate cyber readiness amid resilience gap – SecurityBrief Australia
Summarize this content to a maximum of 60 words: ANZ businesses overestimate cyber readiness amid resilience gap SecurityBrief Australia