Blackcat are behind the cyber attack on UnitedHealth, that is effecting electronic pharmacy refills and insurance transaction across the U.S…

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Blackcat are behind the cyber attack on UnitedHealth, that is effecting electronic pharmacy refills and insurance transaction across the U.S. Effects that are reported to last for several weeks to come. As UnitedHealth has reverted to manual processes and a loans scheme to support clearing payments and prescription processes, as it continues to resolve the fallout from the February cyber incident. demonstrating the effects of cyber attacks on healthcare Critical National Infrastructure.

If the reports are correct and 6TB of data was taken by BlackCat, it could be one of the largest data breaches associated with sensitive Health PII. Data from ‘U.S military Tricare Healthcare program, Federal Medicare health insurance, CVS Caremark, MetLife, Health Net, and tens of other healthcare insurance providers’.

(https://lnkd.in/ec9k_Kny)

The sensitivity of the data stolen and impact of the attack demonstrates the material impact of cyber attacks on regulated companies. UnitedHealths share price continues to slide as it continues to resolve the incident.

@Thaddeus Dziekanowski Brian D. McCarthy

Veritas GRC

#cybersecurity #cyberriskmanagement #cyberattacks

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Cyber Insurance, Cybersecurity, Regulation & Compliance

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