UnitedHealth did not have cyber-insurance coverage at the time of the ransomware attack on its Change Healthcare subsidiary, leaving it to cover the $22m ransom paid to hackers. The attack disrupted the US’s largest healthcare payment system, causing a backlog of healthcare claims and payments. Change Healthcare’s technology infrastructure has been rebuilt, increasing server capacity and cloud reliance. As a result, UnitedHealth now spends approximately $300m per year on cybersecurity, and has also provided over $6.5bn in no-interest, no-fee loans to thousands of providers in response to the attack.
New Phishing Attack Leverages Azure Blob Storage to Impersonate Microsoft
Threat actors are leveraging Microsoft Azure Blob Storage to craft highly convincing phishing sites that mimic legitimate Office 365 login portals, putting Microsoft 365 users
