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Headline : UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom

Read more from the original article on here at www.cnbc.com.





Tags : #unitedhealth #ceo #tells #lawmakers #company #paid #hackers #22 #million #ransom


No. of Paragraph 25

UnitedHealth Group CEO Andrew Witty confirmed for the first time that the company paid a $22 million ransom to hackers who breached its subsidiary Change Healthcare and caused widespread fallout across the health-care sector. Witty's comments were made during a Wednesday hearing before the U.S. Senate Committee on Finance.

Change Healthcare provides payment, revenue management and other solutions like e-prescription software. The company disconnected affected systems when the threat was detected, leaving many doctors temporarily unable to fill prescriptions or get paid for their services.

UnitedHealth told CNBC in April that it paid a ransom to try and protect patient data. Earlier reports had discovered a $22 million transfer on Bitcoin's blockchain, but the company had not confirmed the figure until now.

"The decision to pay a ransom was mine," Witty said. "This was one of the hardest decisions I've ever had to make, and I wouldn't wish it on anyone."

Read more from the original article on here at www.cnbc.com.


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