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UnitedHealth CEO admits it paid $22 million ransom to BlackCat

Tags: finance
DATE POSTED:May 1, 2024
A number of cursors point toward an unhappy face on a laptop Photo by Amelia Holowaty Krales / The Verge

Health insurance provider UnitedHealth paid a multimillion-dollar ransom to hackers who broke into one of its subsidiaries, disrupting healthcare providers across the country for months, CEO Andrew Witty confirmed on Wednesday.

In a hearing before the Senate Committee on Finance, Witty said the decision to pay the $22 million ransom was entirely his. “This was one of the hardest decisions I’ve ever had to make,” he said. UnitedHealth admitted last month that it had paid a ransom to the hackers who breached the Change Healthcare system — which is owned by UnitedHealth — but didn’t disclose the sum. In March, the company attributed the breach to BlackCat, the same entity responsible for the MGM casino hack in Las Vegas. That same month, W...

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Tags: finance