UnitedHealth Took $872M Hit From Change Cyberattack

In its 2024 first quarter earnings, Change Healthcare parent UnitedHealth Group reported that the massive ransomware attack that was uncovered at the end of February has cost the company $872 million so far.

Remediation efforts for the attack are still ongoing, but UnitedHealth Group’s earnings offer a glimpse into the financial costs of the attack in the eight weeks since it was announced. That figure includes direct response costs ($593 million), including costs for supporting the company’s platform restoration and …

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