The breach has already cost UnitedHealth Group nearly $900 million, company officials said in reporting first-quarter earnings last week, not including ransom paid. Ransomware attacks, which involve disabling a target's computer systems, have become increasingly common within the health care industry....
life,as they seem to be occurring with relative frequency. The latest high-profile incident impacts customers of UnitedHealth Group, whose subsidiary, Change Healthcare, reportedly suffered a ransomware attack, resulting in the breach of over 100 million individuals' data. In short: It's not ...
The scale of the hack makes it the worst healthcare data breach in the country. BY REUTERS OCT 25, 2024The February hack at UnitedHealth’s tech unit Change affected the personal information of 100 million people, the U.S. health department’s website showed, making it the largest health...
The ransomware strike that wrecked systems at UnitedHealth’s Change Healthcare subsidiary will likely be the largest health-care data breach in the US to date, the company said. It’s also among the most costly hacks ever, denting UnitedHealth’s profit by as much as $1.6 billion this ye...
UnitedHealth Group continues to eat costs from a massive cyberattack to its Change Healthcare business. Full story Get the latest on healthcare leadership in your inbox. Subscribe Share this: Tagged Under: business strategy costs data breach earnings payers profit ...
UnitedHealth, whose Change Healthcare unit was at the center of the breach, said it was aware of the statement and was “looking into it.” Blackcat said it stole data from partners including Medicare, the U.S. military medical health agency Tricare, CVS Health and other companies. ...
United Health Centers of the San Joaquin Valley reached a proposed settlement to resolve allegations relating to an August 2021 data breach.
The breach occurred, according to testimony and statements by the company, because UnitedHealth tried to integrate Change Healthcare’s technology system with its own without first ensuring that Change’s system would require multifactor authentication, a basic ...
UnitedHealth Group said Wednesday evening that its unit Change Healthcare’s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country’s healthcare system that depends heavily on insurance. Change Healthcare processes about 50% of medical claims in the...
The $872 million includes "the Change Healthcare business disruption impacts and exclude the cyberattack direct response costs," which likely excludes any amount UnitedHealth may have paid to hackers in ransom. UnitedHealth confirmed on the day of the breach that the cybercriminals behind ...