Cybersecurity

UnitedHealth expects up to $1.6B hit from Change cyberattack this year

Dive Brief: UnitedHealth Group estimates costs from the Change Healthcare cyberattack could reach $1.6 billion this year, executives said on Tuesday. However, the managed care giant maintained its full-year earnings guidance, suggesting the financial fallout from the attack on the massive claims clearinghouse may be less serious than feared. The hit comes from direct response […]

Cybersecurity

White House meets with UnitedHealth, industry groups on Change Healthcare cyberattack fallout

Dive Brief: Officials from the White House and the U.S. Department of Health and Human Services held a meeting on Tuesday with UnitedHealth and other industry groups to discuss the cyberattack at Change Healthcare, which has disrupted the healthcare sector for three weeks.  HHS Secretary Xavier Becerra and White House Domestic Policy Advisor Neera Tanden […]

Cybersecurity

Ransomware attacks are hitting critical infrastructure more often, FBI says

Dive Brief: More than 2 in 5 ransomware attacks reported to the FBI in 2023 targeted organizations in a critical infrastructure sector, the agency said Thursday in its annual Internet Crime Report. Of the 2,825 ransomware attacks reported to the FBI last year, 1,193 hit critical infrastructure organizations. The proportion of ransomware attacks hitting critical […]

Cybersecurity

Utility regulators take steps to raise sector’s cybersecurity ‘baselines’

Dive Brief: Cybersecurity requirements and questions for vendors should be included in utilities’ procurement processes, state regulators and the U.S. Department of Energy recommended Thursday in a set of “cybersecurity baselines” aimed at improving the security of distribution systems and distributed energy resources. The National Association of Regulatory Utility Commissioners and DOE’s Office of Cybersecurity, Energy […]

Cybersecurity

Ransomware actors hit zero-day exploits hard in 2023

Dive Brief: Ransomware attacks inflicted more financial damage and hit more companies last year than ever before, according to Unit 42 and Chanalysis research.  Victim organizations paid a collective $1.1 billion in ransom demands in 2023, the largest amount ever recorded, Chainalysis said in a Wednesday report on financially-motivated criminal activity in cryptocurrency exchanges.  Threat […]