Iran hacked the Sands Hotel earlier this year, causing over $40 million in damage

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Sony wasn’t the only US company to face a cyberattack by a foreign power this year. According to a bombshell exclusive from Businessweek, Iranian hackers penetrated systems for the Sands Hotel and Casino this February. With no apparent financial motive, attackers seized comprehensive employee information and brought the company’s systems to a standstill. All told, the attack wiped out three quarters of the company’s Vegas-based servers, which insiders estimate cost the company more than $40 million in equipment costs and data recovery alone.

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