Driver’s license, Social Security numbers ‘copied,’ Caesars tells SEC
The driver's license and
"We are still investigating the extent of any additional personal or otherwise sensitive information contained in the files acquired by the unauthorized actor," Caesars said in the report. "We have no evidence to date that any member passwords/PINs, bank account information, or payment card information (PCI) were acquired by the unauthorized actor."
The company said its investigation began
On Wednesday, Bloomberg reported that Caesars paid millions of dollars in ransom after being cyberattacked by a group known as Scattered Spider or UNC 3944. The report said Caesars would soon issue a regulatory filing addressing the incident.
Thursday's filing did not confirm the report, but did make mention of the costs associated with the attack.
"We have incurred, and may continue to incur, certain expenses related to this attack, including expenses to respond to, remediate and investigate this matter," the company said in the filing. "The full scope of the costs and related impacts of this incident, including the extent to which these costs will be offset by our cybersecurity insurance or potential indemnification claims against third parties, has not been determined."
It's unclear what cybersecurity insurance
But as cyberattacks get more sophisticated the field may change. Some hackers, once in a company's network, will look for the insurance policy then demand that amount.
"Companies have tried to offload or have offloaded risks by buying insurance for a long time, and that's becoming much more difficult now," Hamerstone said. "Cyber-insurers are raising rates, raising the deductibles and retention and having smaller recovery just because these incidents are so common."
Caesars said it took steps to "ensure that the stolen data is deleted by the unauthorized actor," but it couldn't guarantee the result and will continue monitoring the web for leaked data. It's offering credit monitoring and identity theft protection services to all loyalty program members. To sign up for these services, members may call (888) 652-1580 from



AM Best’s Webinar Highlights: How Insurers Can Safeguard Their Claims Department From Digital Identity Fraud
Most unusual pet insurance claims of 2023 include folding couch incident
Advisor News
- The biggest risk to your clients’ financial plans isn’t market volatility
- Initiative looks at how caregiving impacts workplace benefits
- Will rising retirement needs spark an annuity boom?
- Living longer, retiring poorer: Why fragmented systems are failing Americans
- Women say their advisors respect them, but talk down to them
More Advisor NewsAnnuity News
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
- Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
- NAIC regulators continue pushing for annuity illustration updates
More Annuity NewsHealth/Employee Benefits News
- The biggest risk to your clients’ financial plans isn’t market volatility
- Initiative looks at how caregiving impacts workplace benefits
- WHAT TO KNOW ABOUT RECENT FEDERAL ACTIONS INVOLVING STATE MEDICAID PROGRAM INTEGRITY
- WOMEN'S HEALTH INSURANCE COVERAGE
- HEALTHCARE PAYMENTS DATA (HPD) INPATIENT STAY AND OUTPATIENT VISITS REPORT
More Health/Employee Benefits NewsLife Insurance News
- Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
- Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
- KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
- VUL sales skyrocket in Q1, signaling major market shift
- KBRA Releases Research – Private Credit: A More Balanced Review of the NAIC PLR Review Process for Insurance Balance Sheets
More Life Insurance News