Connect with us

Hi, what are you looking for?

Universal Financial DomeUniversal Financial Dome

World

Hacker forum post claims UnitedHealth paid $22 mln ransom in bid to recover data

 – A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group paid $22 million in a bid to recover access to data and systems encrypted by the “Blackcat” ransomware gang, according to two researchers.

Neither UnitedHealth nor the hackers involved have commented on the alleged ransom payment, but a cryptocurrency tracing firm partially corroborated the claim on Monday.

It is not uncommon for large companies that have been victimized by ransomware gangs to decide to pay the hackers to regain control of their networks, especially in instances where a significant disruption to customers and partners occurred.

The forum post, dated Sunday, said a partner of Blackcat was responsible for the intrusion into UnitedHealth. The message, allegedly from the partner, included a link showing that someone had moved about 350 bitcoins, now worth about $23 million as the value of the cryptocurrency rises, from one digital currency wallet to another.

The owner or owners of the respective wallets is not publicly available, but blockchain analysis firm TRM Labs said the destination of the funds was “associated with AlphV,” also known as Blackcat, noting it had seen that address used to collect ransom payments from other AlphV victims.

Asked whether it had paid the ransom, UnitedHealth said only that it was “focused on the investigation and the recovery.”

Blackcat has not responded to repeated messages from Reuters sent over several days. Reuters could not immediately determine how to reach the purported partner hacker group or to access the cybercrime forum where the post was made, although it was able to view screenshots taken independently by two researchers, including Recorded Future’s Dmitry Smilyanets.

The break-in at UnitedHealth’s Change Healthcare unit, which has sparked disruption across the United States, has been the object of online intrigue. Blackcat claimed last week that it had stolen millions of sensitive records in the hack, only to quickly delete its post without explanation.

Meanwhile, the pain has continued to spread across the US medical system as Change Healthcare’s billing services remain paralyzed. The American Medical Association on Monday asked the Biden administration to make emergency funds available to physicians hurt by the outage. – Reuters

Advertisement

    You May Also Like

    Sports

    Tough start to the week for Charlie Woods, and it had nothing to do with his golf game. While warming up for Friday’s pro-am...

    Sports

    The Buffalo Bills know safety Damar Hamlin, who has recovered from collapsing after a cardiac arrest during a game on Jan. 3, wants to...

    Sports

    The Boston Bruins’ record-setting 65 wins and 135 regular-season points have rolled back to zero. The big number now is 16, the number of...

    World

    WASHINGTON — The United States scrambled F-16 fighter jets in a supersonic chase of a light aircraft with an unresponsive pilot that violated airspace...

    Disclaimer: UniversalFinancialDome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 UniversalFinancialDome.com | All Rights Reserved