Boyd Gaming says staff data compromised in cyberattack

Boyd Gaming disclosed yesterday (23 September) an unauthorised third party accessed its internal IT systems and removed employee data.

The regional casino operator has announced a cybersecurity incident in which hackers gained access to its internal IT systems and removed data including employee information.

The US casino operator said the breach had no impact on its properties or business operations.

Upon detecting the incident, Boyd Gaming responded with assistance from external cybersecurity experts and in cooperation with federal law enforcement authorities.

The company has determined that the unauthorised third party removed certain data from its IT systems, including information about employees and a limited number of other individuals.

Boyd is notifying impacted individuals and has contacted various regulators and governmental agencies as required.

Boyd says cyberattack won’t hit bottom line

Boyd Gaming said it believes the incident will not have a material adverse effect on its financial condition or the results of its operations.

The company maintains comprehensive cybersecurity insurance coverage which it expects will cover costs associated with incident response and forensic investigations, as well as business interruptions, legal actions and regulatory fines, subject to policy limits and deductibles.

The disclosure was made in a filing with the Securities and Exchange Commission as the company works to address the security breach and its aftermath.

The incident is just the latest cybersecurity incident to be reported in the gaming industry.

It comes following a similar breach at supplier Bragg Gaming last month, which the business also said did not affect its operations or bottom line.

This came following other attacks at Ainsworth and IGT in November the previous year.

A September 2023 attack at MGM Resorts has generally been considered the most dramatic of such case in recent years.

In that case the hackers, some of whom were eventually caught, caused casino systems to go haywire and caused an over $100m EBITDA impact to the global business.