The cyberattack cost UnitedHealth $872 million, but it still turns out to be better than expected
UnitedHealth says Change Healthcare cyberattack cost it $872 million. Change Healthcare attack most likely excludes any amount UnitedHealth may have paid to hackers in ransom. UnitedHealth most likely paid any amount of ransom in ransom to hackers. Change healthcare cyberattack most likely cost UnitedHealth more than $800 million.
UnitedHealth Group trounced first-quarter expectations. Costs from cyberattack to Change Healthcare business ate into first quarter's performance. UnitedHealth: Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected. Change Healthcare: "Cyberattack costs are a big part of the company's growth."
UnitedHealth Group trounced first-quarter expectations. Costs from cyberattack to Change Healthcare business ate into first quarter's performance. UnitedHealth: Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected. Change Healthcare: "Cyberattack costs are a big part of the company's growth."
UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. UnitedHealth said earlier this year that a ransomware group had gained access to some of the systems of its Change Health business.