UnitedHealth Group, a Minnesota-based health insurance company, reported substantial financial implications due to the Change Healthcare cyberattack, with estimated costs between $2.3 billion to $2.45 billion for 2024. This figure significantly exceeds earlier estimates by over $1 billion. While UnitedHealth has restored most services and provided considerable financial aid to healthcare providers, the cyberattack's repercussions include increased direct response costs and support initiatives, contributing to an adjusted per share impact of $1.90 to $2.05 for the year.
"id": "uni000072524",
"linkid": "unitedhealth-group",
"type": "Ransomware",
"date": "7/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"