TLDR:
- UnitedHealth Group CEO Andrew Witty reveals details about cyberattack on Change Healthcare unit.
- Company working 24/7 to restore systems after widespread outages.
UnitedHealth Group CEO Andrew Witty recently provided new information regarding a cyberattack on its Change Healthcare unit, which occurred in February of this year. The attack, attributed to a cybercriminal group known as Blackcat or ALPHV, resulted in significant disruptions to the company’s systems. Cybersecurity experts have been investigating the hack, which involved compromised credentials and the deployment of ransomware through a remote-access portal lacking multi-factor authentication.
The cyberattack impacted various aspects of the U.S. health care system, causing disruptions to payments for doctors and health care facilities while negatively affecting community health centers serving millions of patients. UnitedHealth expects a $1.6 billion financial impact from the attack and is diligently working to fully restore Change’s operations. Despite challenges, the company is committed to addressing the issue and ensuring that services return to normal.