The Frontier Psychiatrists

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

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, DFAACAP's avatar
Owen Scott Muir, M.D, DFAACAP
Mar 04, 2024
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The Frontier Psychiatrists
The Frontier Psychiatrists
Daring Cyberattack Elicits 0.0067% Of UnitedHealth Group Annual Revenue in Ransom Payment
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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 important to teach children about money, by giving them a little to play with.

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