UnitedHealth Group faced a cyberattack on Change Healthcare, resulting in substantial financial repercussions projected to cost between $2.3 to $2.45 billion in 2024. This estimate is significantly higher than previous estimates, reflecting increased direct response expenses, financial support initiatives for care providers, and expenses related to consumer notification. Despite the impact of the cyberattack, UnitedHealth's revenue grew to $98.9 billion, indicating resilience in their operational performance.
"id": "uni003032225",
"linkid": "unitedhealth-group",
"type": "Cyber Attack",
"date": "7/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"