UnitedHealth Group Making Strides in Recovery from Major Cyberattack Costing Over $2 Billion

Benzinga

UnitedHealth Group, one of the largest US healthcare providers, said it is recovering from a major cyberattack. The hacking group BlackCat/ALPHV breached UnitedHealth's Change Healthcare subsidiary in February, impacting millions. Change Healthcare processes billions of health transactions annually and impacts nearly every US patient record. Pharmacy, medical claims, and payment systems were targeted, disrupting patient care and operations. UnitedHealth has paid over $2 billion to assist providers impacted by financial losses from the attack.

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00:00 It's Benzinga and here's what's on the block.

00:02 UnitedHealth Group, one of the largest US healthcare providers, said it's making progress

00:06 in recovering from a major cyberattack. The hacking group BlackhatAlphB breached UnitedHealth's

00:11 Change Healthcare subsidiary in February, impacting millions. Change Healthcare processes

00:15 billions of health transactions annually and impacts nearly every US patient record.

00:20 Pharmacy, medical claims, and payment systems were targeted, disrupting patient care and

00:24 operations. UnitedHealth has paid over $2 billion to assist providers impacted by financial losses

00:29 from the attack. The Department of Health and Human Services is investigating, calling it the

00:33 most significant such incident in US history. For all things money, visit Benzinga.com.

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