Lawmakers demanded more information about what led to — and who was affected by — the disruptive hack.
Share on linkedin UnitedHealth Group CEO Andrew Witty testifies to the Senate Finance Committee . Photo: Al Drago/Bloomberg via Getty Imagesthat threw much of the health care system into turmoil.UnitedHealth is a $371 billion behemoth that could face more regulation or even calls to divest some of its businesses in the fallout from the hack.
Its share price has fallen roughly 7% since the attack. It ticked up during CEO Andrew Witty's testimony but ended the day where it started.Among the questions that Witty couldn't answer was why the company failed to stop and contain the attack. Senate Finance chair Ron Wyden said it's a "national security priority" to figure out how many stolen records were from active duty military.when asked if the company will pay providers for expenses incurred as a result of the attack. Witty instead noted the company has provided $6.5 billion in no-interest loans.
Congress Senate Finance Committee Ransomware Ron Wyden Cyber Data Breaches Thom Tillis Cyber Crime
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