Aristocrat releases information about the cyber incident that occurred in June 2023

Aristocrat Leisure, from Australia, widely recognized as a top provider of pioneering technology, recently disclosed that they fell victim to a cyberattack. On June 1, 2023, data was compromised by attackers. iGaming Excerpts of the stolen data have since surfaced online. The breach occurred because the hackers exploited a vulnerability found in the third-party file-sharing tool MOVEit used by the company.

Aristocrat didn't waste a moment to counteract the breach, swiftly implementing both remedial and precautionary strategies. Upon detecting the intrusion, they took immediate steps to address the MOVEit software's flaw. Aristocrat As they were conducting these preventative actions, Aristocrat informed appropriate law enforcement agencies and regulatory bodies about the incident. Furthermore, the firm collaborated with independent data specialists to swiftly identify and respond to the breach. They have also kept their global workforce updated and offered services like identity theft protection and complimentary credit monitoring.

Since the attack, Aristocrat has evaluated the risks associated with the breach and its potential repercussions on the business's operations. Fortunately, they foresee a minimal impact on their operations due to a comprehensive risk management and mitigation approach.

The company's statement mentions: “Given the current information, Aristocrat expects the cyberattack to have a minimal impact on our business operations, thanks to an effective risk management and mitigation strategy.

Our approach remains proactive and detailed, prioritizing the well-being of our employees, business interests, and stakeholders.”

The frequency of cyberattacks is rising, posing a concern for regulators, gamers, and all those involved. Back in November, DraftKings, a major US-based sports betting platform, confirmed a major hack on several player accounts that left many losing significant sums from their bank accounts.
Following the breach, DraftKings saw a more than 10% decline in stock value. Nevertheless, co-founder Paul Liberman claimed there was no evidence of a system breach intended to extract data. The compromise led to at least $300,000 being lost by the site's users.
& Entertainment Limited, a major player in Ontario, Canada, reported their own cybersecurity incident. A ransomware attack necessitated the closure of 14 properties throughout Ontario for nearly a week.
A statement noted: “Gateway casinos across Ontario encountered a system-wide IT outage.”

The company, privately owned with a workforce exceeding 7,000, was initially scarce with details regarding the situation. Several days later, Gateway Casinos confirmed they hadn't found any missing confidential data and the investigation into the issue was still in process.

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