Boyd Gaming has confirmed that it suffered a cyber attack. Hackers accessed the data of some of its 16,000+ employees and a “limited number of other individuals” through the internal IT system.
The firm, with operates land-based and online casinos, has now alerted anyone impacted. The incident has supposedly not affected day-to-day operations of the company.
The NYSE-listed company revealed the incident as part of an SEC filing on Tuesday, almost ten days after Vital Vegas reported rumors from an employee about the breach:
The filing on Tuesday details Boyd’s response to the matter after noticing the attack, enlisting the help of cybersecurity experts and cooperating with federal law enforcement to investigate the matter.
has a comprehensive cybersecurity insurance policy that should cover all related costs
The news didn’t negatively impact Boyd Gaming’s share price, which ended Tuesday up 2% and was only down 0.4% in Wednesday’s pre-market trading.
The SEC filing describes how it has a comprehensive cybersecurity insurance policy that should cover all related costs, so there won’t be a material financial impact. Some of the specifics that the policy covers include investigation costs, legal actions, and possible fines from regulators.
