{"id":5056,"date":"2023-09-21T00:00:00","date_gmt":"2023-09-21T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/america\/and-after-the-attack-a-cascade-of-lawsuits-will-face-the-las-vegas-casinos\/"},"modified":"2023-09-21T00:00:00","modified_gmt":"2023-09-21T00:00:00","slug":"and-after-the-attack-a-cascade-of-lawsuits-will-face-the-las-vegas-casinos","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/and-after-the-attack-a-cascade-of-lawsuits-will-face-the-las-vegas-casinos\/","title":{"rendered":"And after the attack, a cascade of lawsuits will face the Las Vegas casinos."},"content":{"rendered":"<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Regulators aren&#39;t the only paperwork hassle facing the casinos. On Monday, just days following Caesars disclosure of a cyberattack, a class-action lawsuit was filed in the <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>US District Court in Nevada by Miguel Rodriguez, accusing the casino of operating with &quot;inadequate data security.&quot;&nbsp;<\/strong><\/span><\/span><\/p>\n<p><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">While the Caesars and MGM Resorts disclosures churn toward their conclusion, how the two organizations weather the litany of regulations and litigation will offer critical precedent other groups can use to navigate future cyberattacks. In the meantime, rules remain vague and enforcement parameters unclear.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/and-after-the-attack-a-cascade-of-lawsuits-will-face-the-las-vegas-casinos2.jpg\" style=\"width:100%\" \/><\/p>\n<h2><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">SEC Disclosure Rules Remain Vague but Adopted by Other Regulators<\/span><\/span><\/h2>\n<p><span style=\"font-family:Times New Roman,serif\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">While the SEC has not yet provided&nbsp;guidance around the minimum requirements for 8-K disclosures, the implementation of the approach is&nbsp;spreading outside the regulator&#39;s purview. Clay says the Nevada Gaming Board is also using the SEC guidelines as a blueprint for oversight, for instance.<\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/and-after-the-attack-a-cascade-of-lawsuits-will-face-the-las-vegas-casinos3.jpg\" style=\"width:100%\" \/><\/p>\n<p><span style=\"font-family:Times New Roman,serif\"><span style=\"font-size:small\">Nevada Gaming Control Board members George Assad, left, Brittnie Watkins and Chairman Kirk Hendrick during a Nevada Gaming Commission meeting in Las Vegas <\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family:Times New Roman,serif\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The Nevada Gaming Board wouldn&#39;t comment directly about its interactions with MGM Resorts or Caesars Entertainment but provided a link to a regulation 5.260, which requires gaming operators to <\/span><\/span><span style=\"color:#0000ff\"><u><a href=\"https:\/\/gaming.nv.gov\/modules\/showdocument.aspx?documentid=19351\" target=\"_blank\" rel=\"noopener\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">secure data from a cyberattack<\/span><\/span><\/a><\/u><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">. <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><strong>The regulation provided does not include any provisions for disclosure following a cyber incident.<\/strong><\/span><\/span><\/span><\/p>\n<p><span style=\"font-family:Times New Roman,serif\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>&quot;Another layer to this is that casinos are having to deal with the Nevada Gaming Control Board, which is following the SEC&rsquo;s guidance,&quot;<\/em><\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"> Clay adds. <\/span><\/span><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>&quot;What this means for the impacted companies is they now have a couple of different entities they have to deal with, including law enforcement. There&rsquo;s a lot of groups that have converged on MGM and Caesars.&quot;<\/em><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nevada Gaming Board wouldn&#8217;t comment directly about its interactions with MGM Resorts or Caesars Entertainment but provided a link to a regulation 5.260, which requires gaming operators to secure data from a cyberattack.<\/p>\n","protected":false},"author":1,"featured_media":5057,"menu_order":294,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[2267,1680,2266],"class_list":{"0":"post-5056","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-las-vegas-caesars-casino","8":"tag-lawsuit","9":"tag-miguel-rodriguez","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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