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US Federal Court grants preliminary approval to settle MGMs 2019 and 2023 data breaches. Agreeing to a $45million global settlement that includes $75 for Tier 1 Settlement Class members (social security number of military identification number exposed, $50 for Tier 2 Settlement Class Members (passport number or driver’s license exposed), and $20 for Tier 3 Settlement Class Members.One wonders MGMs annual cyber spend and if $45 million would have been better spent on cybersecurity. The FTC investigation is yet to conclude, if it does it may reveal more about the cyber attack and its effects on MGM customers, and a fine.@Thaddeus Dziekanowski Brian D. McCarthy Faisal KhanVeritas GRC MGM#cybersecurity #cyberriskmanagement #cyberattack #cyberregulation
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