UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Senators questioned UnitedHealth Group CEO Andrew Witty on Wednesday about the cyberattack on its subsidiary Change Healthcare.

The fallout from the attack temporarily left many doctors without a way to fill prescriptions or get paid for their services."To all those impacted, let me be very clear: I am deeply, deeply sorry," Witty said.CEO Andrew Witty confirmed for the first time that the company paid a $22 million ransom to hackers who breached the systems of its subsidiary Change Healthcare.across the health-care sector.

"As a result of this malicious cyberattack, patients and providers have experienced disruptions and people are worried about their private health data," Witty said."To all those impacted, let me be very clear: I am deeply, deeply sorry." UnitedHealth discovered that a cyber threat actor accessed part of Change Healthcare's information technology network in late February, according to a filing with the U.S. Securities and Exchange Commission.

Witty said Wednesday that UnitedHealth is working with regulators to assess the breach and to inform people if their information has been compromised"as soon as possible."program to help support providers that have experienced cash flow disruptions due to the cyberattack. There are no fees, interest or other costs on top of the payments, and providers have 45 days to repay the funds once their standard payment operations resume.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Travala.com Skyrocketed to $22 Million in Revenue: Lessons for the Travel IndustryExplore how Travala.com has evolved since the pandemic with Juan Otero in our 'Behind the Startup' series.
Source: hackernoon - 🏆 532. / 51 Read more »