UnitedHealth CEO to testify before US House panel on cyberattack at tech unit

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UnitedHealth CEO to testify before US House panel on cyberattack at tech unit
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UnitedHealth CEO to testify before US House panel on cyberattack at tech unit

) CEO Andrew Witty will testify before a U.S. House subcommittee on May 1 about a recent cyberattack at the company's technology unit and its impact on patients and providers, the Energy and Commerce Committee said on Friday.), a provider of healthcare billing and data systems, on Feb. 21 disrupted payments to doctors and healthcare facilities nationwide for a month.

"This hearing will help inform the committee as we continue working toward solutions that protect the health and well-being of all Americans." Earlier this week, UnitedHealth said it expects the hack to cost the company up to $1.6 billion this year.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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