UnitedHealth: Change Healthcare cyberattack caused $872 million loss

April 16, 2024 at 10:28AM UnitedHealth Group’s Q1 earnings were significantly impacted by a ransomware attack on the U.S. healthcare system, causing a $872 million hit on quarterly earnings of $7.9 billion. The attack’s costs include $593 million in response expenses and $279 million from business disruptions. Additionally, $800 million was allocated to claims reserves … Read more

McLaren Health Care says data breach impacted 2.2 million people

November 10, 2023 at 10:32AM McLaren Health Care has experienced a data breach, impacting nearly 2.2 million individuals. The breach occurred between late July and August and exposed sensitive personal information, including names, Social Security numbers, and medical data. McLaren has notified affected individuals and authorities, and is providing identity protection services. While there is … Read more