Call us now:
A Colonial Pipeline moment for U.S healthcare? As the unfortunate truth remains that no matter if we want to believe that we can take down hacking groups. The reality is that you cannot, and they just keep coming back.
The cost of cyber crime to society is significant and the considerable amount of money made by hackers goes somewhere (ALPHV’s BlackCat are estimated to have made at least $300million). Hacking is claimed to be more profitable than the drug trade, and so much more efficient. No take down of a ransomware group will last long, as appears to be the case with the hack on United Health and BlackCat, or its affiliates.
The depth and breadth of the effect of the United Health hack is significant ‘UnitedHealth estimated that more than 90 percent of the nation’s 70,000-plus pharmacies have had to alter how they process electronic claims as a result of the Change Health outage’. Companies removed change health from their systems to prevent the hack from spreading, many pharmacies are getting into cash flow problems and claims are being routed to alternative providers. Demonstrating the effect of the hack beyond UnitedHealth.
The United Health hack demonstrates the simplicity by which a cyber attack can disrupt CNI, and the effect it can have across society. One believes that this hack is more than a Colonial Pipeline moment for the health industry. It’s effects on society are broader and deeper.
Welcome back ALPHV.
@Thaddeus Dziekanowski Brian D. McCarthy Rachel V. Rose, JD, MBA
Veritas GRC
#cybersecurity #cyberriskmangement #cyberattack
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