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UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom - TL;DR CNBC

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

Publishing timestamp: 2024-05-01 13:19:10


Summary

UnitedHealth Group CEO confirmed that the company paid a $22 million ransom to cybercriminals who breached its subsidiary Change Healthcare, causing widespread fallout in the health-care sector. The breach left many doctors unable to fill prescriptions or get paid for their services. Senators questioned the CEO during a hearing, expressing concerns about the breach and the company's response.


Sentiment: NEGATIVE

Tickers: UNH, 

Keywords: andrew witty,  hacking,  health care industry,  breaking news: technology,  internet,  technology,  unitedhealth group inc,  cybersecurity,  business news, 

Source: https://www.cnbc.com/2024/05/01/unitedhealth-ceo-says-company-paid-hackers-22-million-ransom.html


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