UnitedHealth CEO Andrew Witty issued an apology while testifying before a House committee Wednesday about the cyberattack against subsidiary Change Healthcare that paralyzed insurance payments to hospitals, pharmacies and medical practices nationwide. Nicole Sganga has details.
The ransomware attack that has engulfed U.S. health insurance giant UnitedHealth Group and its tech subsidiary Change Healthcare is a data privacy nightmare for millions of U.S. patients, with CEO Andrew Witty confirming this week that it may impact as much as one-third of the country. As one of the largest healthcare companies in the U.S., UnitedHealth is well known domestically, intersecting with every facet of the healthcare industry from insurance and billing and winding all the way through the physician and pharmacy networks -- it's a $500 billion juggernaut, and the 11th largest company globally by revenue.
Two months after hackers broke into Change Healthcare systems stealing and then encrypting company data, it’s still unclear how many Americans were impacted by the cyberattack. Last month, Andrew Witty, the CEO of Change Healthcare’s parent company UnitedHealth Group, said that the stolen files include the personal health information of “a substantial proportion of people in America.” On Wednesday, during a House hearing, when pushed to give a more definitive answer, Witty testified that the breach impacted “I think, maybe a third [of Americans] or somewhere of that level.”
UnitedHealth Group Chief Executive Officer Andrew Witty told senators on Wednesday that the company has now enabled multi-factor authentication on all the company’s systems exposed to the internet in response to the recent cyberattack against its subsidiary Change Healthcare. The lack of multi-factor authentication was at the center of the ransomware attack that hit Change Healthcare earlier this year, which impacted pharmacies, hospitals and doctors' offices across the United States. Multi-factor authentication, or MFA, is a basic cybersecurity mechanism that prevents hackers from breaking into accounts or systems with a stolen password by requiring a second code to log in.
The ransomware gang that hacked into U.S. health tech giant Change Healthcare used a set of stolen credentials to remotely access the company's systems that weren't protected by multifactor authentication (MFA), according to the chief executive of its parent company, UnitedHealth Group (UHG). UnitedHealth CEO Andrew Witty provided the written testimony ahead of a House subcommittee hearing on Wednesday into the February ransomware attack that caused months of disruption across the U.S. healthcare system. This is the first time the health insurance giant has given an assessment of how hackers broke into Change Healthcare's systems, during which massive amounts of health data were exfiltrated from its systems.
Health insurance giant UnitedHealth Group has confirmed that a ransomware attack on its health tech subsidiary Change Healthcare earlier this year resulted in a huge theft of Americans' private healthcare data. UnitedHealth said in a statement on Monday that a ransomware gang took files containing personal data and protected health information that it says may "cover a substantial proportion of people in America." The health insurance giant did not say how many Americans are affected but said the data review was "likely to take several months" before the company would begin notifying individuals that their information was stolen in the cyberattack.
Here are some of the key highlights, revelations and dramatic moments from the combined 16 and a half hours that the prosecution’s star witnesses spent on the witness stand.
A no-closing-cost refinance helps you avoid the up-front cost of refinancing your mortgage, but it isn’t entirely free. Learn how a no-closing-cost refi works.
The announcement marked a big increase from the 5 million users the company disclosed one year ago.
Back in February, Google paused its AI-powered chatbot Gemini's ability to generate images of people after users complained of historical inaccuracies. Google CEO Sundar Pichai apologized, and Demis Hassabis, the co-founder of Google's AI research division DeepMind, said that a fix should arrive "in very short order" — but we're now well into May, and the promised fix has yet to appear. Google touted plenty of other Gemini features at its annual I/O developer conference this week, from custom chatbots to a vacation itinerary planner and integrations with Google Calendar, Keep and YouTube Music.
McIlroy called the resignation of Jimmy Dunne from the Tour board 'a huge loss for the PGA Tour.'
Here’s what will be different this time — and why it matters.
Richard Globensky will be sentenced in October and faces a maximum of 10 years in prison.
It’s that moment you’ve been waiting for all year: Google I/O keynote day! Google kicked off its developer conference each year with a rapid-fire stream of announcements, including many unveilings of recent things it's been working on. On Wednesday, Google announced it is adding new security and privacy protections to Android, including on-device live threat detection to catch malicious apps, new safeguards for screen sharing, and better security against cell site simulators.
Uber is taking a shuttle product it developed for commuters in India and Egypt and converting it for an American audience. The ride-hail and delivery giant announced Wednesday at its annual Go-Get event in New York City that it will launch a shuttle service in certain U.S. cities this summer. Uber Shuttle in the U.S. will repurpose the technology and business model that Uber has built to help commuters in emerging markets where there's a public transportation gap.
After shirking tradition and devoting its entire Google I/O keynote to showcase how it’s stuffing AI into everything you can imagine, the company has reserved day two to catch up on the one-time star of the show, Android.
Eight automakers admitted to sharing location and other data with law enforcement without a warrant or owner consent.
Vehicle prices continued their downward trend in April as costs continue to moderate from pandemic-era highs.
BMO Capital Markets chief investment strategist Brian Belski sees the S&P 500 ending 2024 at 5,600 as stock momentum is "likely to persist."
What experts say about stair climbing as a measure of your health — and ways to make it more effective for you.
Shelter costs continued to pressure inflation in April, but a moderation continues and economists expect these pressure to ease in the months ahead.