The Frontier Psychiatrists

The Frontier Psychiatrists

Daring Cyberattack Elicits 0.0067% Of UnitedHealth Group Annual Revenue in Ransom Payment

We regret to inform you that this was not much.

Owen Scott Muir, M.D.'s avatar
Owen Scott Muir, M.D.
Mar 04, 2024
∙ Paid

A $22 million—in Bitcoin—payment was made to the nefarious cyber criminals of BlackCat today.

It is worth noting that this is 1/68th of what Optum would earn, annually, on the 0.5% upcharge it applies to bank transfers on its over $300b in annual payments to 2m health professionals via Optum Pay Premium services. It’s like I say to my wife…

It’s import…

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