According to cybersecurity researchers, a hacking group known as Scattered Spider, previously linked to cyberattacks on MGM Resorts International (NYSE:MGM), is now targeting banks and insurance companies. The group breached Caesars Entertainment Inc's (NASDAQ:CZR) systems via an external IT vendor's network. The cyber attack at MGM had left the company with a negative impact estimate of $100 million to Adjusted Property EBITDAR for the Las Vegas Strip Resorts and Regional Operations, collective
(Bloomberg) -- The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneElon Musk Pledges to Grow Supercharger Business He Just DecimatedIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealFord Cuts Battery Orders as EV Losses Top $100,000 Per CarJim
The GARP approach is for investors who are on the lookout for a mixed investment strategy. MGM, THC, ALL, RCL and EAT are some of the stocks that qualify our screening of GARP stocks.