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UnitedHealth reveals eye-watering cost of Change Healthcare cyber attack

UnitedHealth Group has estimated that the cyber attack on its Change Healthcare unit in February could cost the company up to $1.6 billion in 2024. The company issued a statement saying that first quarter revenues were affected by the attack, causing an ‘unfavourable effect’ of $872 million. It’s also revealed that a threat group claims to have terabytes of data and is demanding payment to prevent its release.

Source: www.itpro.com –

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