cybersecurity
MGM Resorts International Statement on Cybersecurity Issue
MGM Resorts International | September 13, 2023
Las Vegas, Sept. 12, 2023 — MGM Resorts International (the "Company" or "MGM Resorts") today issued the following statement: "MGM Resorts recently identified a cybersecurity issue affecting certain of the Company's systems. Promptly after detecting the issue, we began an investigation with assistance from leading external cybersecurity experts. We also notified law enforcement and are taking steps to protect our systems and data, including shutting down certain systems. Our investigation is ongoing, and we are working diligently to resolve the matter. The Company will continue to implement measures to secure its business operations and ...
Hotel Data Security Update: Time Is Short – Reporting Your Data Breach
Jim Butler | July 31, 2023
By Jim Butler and the Global Hospitality Group® This month, the Securities and Exchange Commission (SEC) announced new rules requiring companies who experience a cybersecurity attack to publicly disclose the impact of the attack within four days. Hotel companies whose securities are registered with the SEC should take note of these regulations and develop a robust incident response plan. Bob Braun, senior member of JMBM’s Global Hospitality Group® and Co-Chair of the Firm’s Cybersecurity & Privacy Group, outlines the new regulations below. Time is Short – Reporting your Data Breach by Bob Braun, Hotel Lawyer Over the pa...
AI’s New Era of Communication With ChatGPT Brings Concerns About Cybersecurity and Search Engine Ranking
GlobalData | May 5, 2023
The development of advanced language models such as ChatGPT (Generative Pre-trained Transform) has triggered discussions among companies regarding the potential risks associated with generative AI technology. While some believe that AI-powered products may improve efficiency and productivity, others worry about the impact on cybersecurity, search engine ranking, and profitability, says GlobalData, a leading data and analytics company. Misa Singh, Business Fundamentals Analyst at GlobalData, comments: “Since ChatGPT’s release, cybersecurity professionals have been concerned about the risks related to cybercrimes/threats. Additionally, i...
Data Privacy Alert: Who’s Responsible for Personal Data at a Hotel?
Bob Braun | March 21, 2023
By Jim Butler, Robert Braun One of the most valuable assets of a hotel brand is information – detailed personal information about guests at their hotels, participants in their loyalty programs, and visitors to their websites. This information allows hotel brands to focus on creating guest loyalty, acquiring potential guests, engaging in effective marketing, expanding market share, and creating properties and services that entice and satisfy hotel guests. Because of this, hotel brands have long contended that they “own” hotel guest data and have unencumbered rights to use it, without respect to the interests of hotel owners and even t...
Why Hotels Need “Visibility” to Avoid Data Privacy Liability
Jim Butler | March 9, 2022
By Jim Butler and the Global Hospitality Group® The rules around data privacy and cybersecurity are constantly evolving. In order to protect themselves from liability, hotel owners should pay attention to ongoing legal developments and learn more about their own data infrastructure. Bob Braun, senior member of JMBM’s Global Hospitality Group® and Co-Chair of the Firm’s Cybersecurity & Privacy Group, explains why hotels need to understand exactly what data they hold, where it is stored and who has access to it. Facing the Knowledge Gap: Why Hotels Need “Visibility” to Avoid Data Privacy Liability by Bob Braun, Hotel ...
Hotel Data Security: Challenges to Address in 2022
Bob Braun | January 3, 2022
By Jim Butler, Bob Braun Like virtually all industries, the hotel industry continues to be challenged by cybersecurity concerns. As we approach 2022, hotel owners and operators need to address some basic issues that impact the security of their systems and their guests. Wi-Fi. Providing wireless internet to guests has become a “must-do” for hotels – it’s not too much of an overstatement to say that a potential guest won’t stay at a hotel that doesn’t provide free Wi-Fi. But hotel Wi-Fi systems, particularly those in public areas, have long been a soft underbelly of cybersecurity. In the past 10 days, TechCrunch+ reported...
HFTP and NCA Publish Resource: “Comprehensive Practices in Club Cybersecurity”
NCA | December 14, 2021
AUSTIN, TX — December 13, 2021 — Hospitality Financial and Technology Professionals (HFTP®) and the National Club Association (NCA) have partnered to develop a resource designed to provide members with a detailed guide on data and network security. “Comprehensive Practices in Club Cybersecurity” is a full-range report that helps club leadership identify cybersecurity risks, data regulation review, the tools to protect against cyberthreats, IT governance best practices, and response guidance in case of a breach. “As the number of cyberattacks continue to rise and threaten businesses and institutions nationwide, the imp...
Rethinking Cybersecurity for the Rest of 2021
Larry and Adam Mogelonsky | September 1, 2021
By Larry and Adam Mogelonsky The pandemic is top of mind, but throughout its entirety there have been a number of daunting reports of major cybersecurity breaches and malware attacks infecting leading multinational corporations. So, while you must do your diligence to continue to protect guests from COVID-19, cybersecurity is perhaps the next most likely disaster to strike your hotel if you aren’t careful. Notably, the pandemic led numerous properties to expand their tech stacks in order to meet the shifting travel demands and safety regulations. In turn, this increased the number of potential points of vulnerability in the system. Al...
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