Cybersecurity is an important issue today, especially for companies that rely heavily on technology and computer systems to carry out their daily operations. Lack of security in these systems can have serious consequences, such as loss of important data, theft of confidential information, service disruption and damage to the company’s reputation.
In September 2023, MGM Resorts International reported that its hotel chain had been subject to a cyber attack. The attack affected the company’s computer systems and website, resulting in users having to call Las Vegas-based hotels directly to make reservations. The company confirmed that certain systems had been shut down due to a “cybersecurity issue” and that its investigation was ongoing to determine the nature and scope of the attack. In 2019, MGM Resorts International also suffered a cybersecurity incident in which more than 10 million customer records, including names, addresses and passport numbers, were compromised.
To prevent future cyber attacks, it is important for companies to take proactive steps to protect their IT systems. One way companies can do this is by implementing robust cybersecurity measures.
Encryption
Encryption is a technique used to protect sensitive data. Data is encrypted before it is transmitted over the Internet, making it more difficult for hackers to intercept.
Firewalls
Firewalls are programs designed to protect computer systems against external attacks. Firewalls can block unwanted traffic and prevent hackers from accessing systems.
Multifactor authentication
Multifactor authentication is a technique used to verify a user’s identity. Instead of simply entering a password, users must provide multiple forms of identification, such as a fingerprint or a code sent to their cell phone.
Regular updates
Regular updates are important because they can fix known vulnerabilities in software. Companies should make sure to keep their systems up to date with the latest versions of software.
In addition, companies should also educate their employees on cybersecurity best practices. This can include things like not clicking on suspicious links or downloading unknown attachments.
Conclusion
In my opinion, the MGM Resorts International case demonstrates how a cyber attack can have serious consequences for a company. Lack of security in IT systems can have a significant impact on reputation and customer confidence. Therefore, it is important for companies to take proactive steps to protect their IT systems and educate their employees on cyber security best practices. By implementing robust cybersecurity measures and educating employees on best practices, companies can protect their IT systems and prevent future attacks.
