The Russia-based cybercriminals who attacked a UnitedHealth Group-owned company in February did not walk away from the endeavor empty-handed. "A ransom was paid as part of the company's commitment to do all it could to protect patient data from disclosure," a UnitedHealth Group spokesperson confirmed with CBS News late Monday. The spokesperson did not disclose how much the health giant paid after the cyberattack, which shut down operations at hospitals and pharmacies for more than a week....
UnitedHealth Group spent about $872 million during the first quarter
UnitedHealth Group, the largest health insurance company in the U.S., was the top performer in S&P 500 Tuesday morning after it reported higher-than expected revenue amid the fallout of a massive cyberattack earlier this year. UnitedHealth stock rose 6% to about $471 on Tuesday, following the insurer’s first quarterly earnings report since hackers targeted is subsidiary Change Healthcare. Change is a healthcare record and payment manager that processes 14 billion transactions a year. “The...
UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data.
Elevance Health reported a first quarter profit of $2.2 billion as commercial health insurance and healthcare services offset a big decrease in Medicaid enrollment.
Investment Advisory Group LLC reduced its holdings in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 7.5% during the 4th quarter, Holdings Channel reports. The fund owned 455 shares of the healthcare conglomerate’s stock after selling 37 shares during the period. Investment Advisory Group LLC’s holdings in UnitedHealth Group were worth $239,000 as of its […]
Larson Financial Group LLC cut its holdings in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 2.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,497 shares of the healthcare conglomerate’s stock after selling 196 shares during the quarter. Larson Financial Group LLC’s holdings in UnitedHealth Group were worth $4,473,000 as of its […]
The firm’s cumulative ETF assets are down 81% from 2021 highs.
Kansas City Scout says its systems went down early in the morning, including its website, traffic camera network and message boards around the area.
Kansas City Scout says its systems went down early in the morning, including its website, traffic camera network and message boards around the area.
Cornwall Council says it is working with Cornwall and Isles of Scilly Integrated Care Board and the Care Quality Commission (CQC) to provide alternative care arrangements for those affected
House lawmakers argue that growing consolidation in the health care sector has created vulnerabilities to cyberattacks.