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Boyd Gaming Confirms Cyber Attack, No Operational or Financial Impact Expected

Boyd Gaming's cyber attack didn't disrupt operations. The company is investigating and has insurance to cover costs, ensuring no financial impact.

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Boyd Gaming Confirms Cyber Attack, No Operational or Financial Impact Expected

Boyd Gaming has confirmed a cyber attack on its internal IT system, with unauthorized access to employee and limited other individual data. The company revealed the incident in an SEC filing on Tuesday, almost ten days after rumors surfaced.

Despite the breach, Boyd Gaming's share price remained unaffected. The cyber attack did not disrupt day-to-day operations, and the company has swiftly taken action. Boyd Gaming has alerted all impacted individuals and engaged cybersecurity experts, alongside cooperating with federal law enforcement to investigate the matter. The specific cyber attackers remain unidentified.

The company has a comprehensive cybersecurity insurance policy in place. This policy covers investigation costs, legal actions, and potential fines from regulators. As a result, there will be no material financial impact on Boyd Gaming.

Boyd Gaming has confirmed a cyber attack but assures no negative impact on operations or finances. The company is working with experts and law enforcement to investigate the incident and has alerted all affected individuals. The cybersecurity insurance policy will cover related costs.

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