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United Health CEO testifies before senate for ransomware attack

  • In February, Change Healthcare experienced a ransomware attack causing disruptions in medical supply chains and billing procedures.
  • UnitedHealth CEO, Andrew Witty, testified before the Senate regarding the cyber attack.
  • Witty attributed the incident to the absence of multi-factor authentication.
  • Initial estimates suggest a financial loss of $22 million, with concerns of it escalating in the coming months.

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