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Business Cybersecurity

All articles tagged with #business cybersecurity

business-cybersecurity1 year ago

Disney Probes Hack After Internal Slack Messages Leaked

Disney is investigating a significant leak of internal messages by the hacking group Nullbulge, which claims to be protecting artists' rights against AI misuse. The group, allegedly based in Russia, accessed Disney's internal Slack system and downloaded extensive communications, including details on upcoming projects. Nullbulge criticizes Disney's handling of artist contracts and AI usage, but the authenticity of the leaked data remains unverified.

via BBC.com|
#ai#business-cybersecurity#creative-industry
business-cybersecurity1 year ago

"UnitedHealth's $1.6 Billion Cyberattack Fallout: Earnings Beat Amid Ransomware Nightmare"

UnitedHealth Group expects the hack of its Change Healthcare unit to cost up to $1.6 billion this year, but still maintains its 2024 earnings forecast. Despite the cyberattack's disruptions, the healthcare conglomerate beat first-quarter earnings estimates, leading to a 5.3% increase in its shares. The hack at Change Healthcare, a key node in the U.S. healthcare system, caused massive disruptions, including delays in claim submissions and impacts on community health centers. UnitedHealth has provided over $6 billion in advance funding to certain healthcare providers and expects Change to return to baseline performance next year. The company's 2024 adjusted profit forecast remains unchanged, despite an expected impact of $1.15 to $1.35 per share from the hack.

via NBC News|
#business-cybersecurity#change-healthcare#cyberattack
business-cybersecurity1 year ago

"UnitedHealth Group Overcomes Cyberattack Impact, Beats Revenue Expectations"

UnitedHealth Group expects the cyberattack on its Change Healthcare unit to cost up to $1.6 billion this year but maintains its 2024 earnings forecast, leading to a 5.3% rise in shares. The hack disrupted payments to healthcare facilities nationwide and led to delays in claim submissions. Despite the impact, the company remains confident in its outlook and has already booked $872 million in costs related to the breach in the first quarter. The healthcare conglomerate's upbeat results also drove up shares of rival health insurers, and it has provided advance funding to certain healthcare providers while working to restore operations at Change Healthcare.

via Reuters|
#business-cybersecurity#change-healthcare#cyberattack