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home / articles / TECH - UnitedHealth's Cybersecurity Breach - Insurance Giant May Need Several Months For Full Recovery | Benzinga


TECH - UnitedHealth's Cybersecurity Breach - Insurance Giant May Need Several Months For Full Recovery | Benzinga

In a recent statement, UnitedHealth Group Inc (NYSE:UNH) announced plans to restore disrupted services for its medical claims and payments platforms by mid-March following a cyberattack that targeted its Change Healthcare tech unit

The attack, orchestrated by the hacking group ALPHV, also known as “BlackCat,” severely impacted the company’s ability to process insurance claims and payments, affecting healthcare providers, including hospitals, and disrupting electronic pharmacy refills.

Citing security experts, Reuters highlighted that the cyberattack has proven to be one of the most disruptive hacks against America’s healthcare infrastructure. 

While some systems are gradually returning to normal, the largest U.S. health insurer is expected to ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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