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Change Healthcare Grinds Through Massive Breach Probe
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Hello. UnitedHealth Group is investigating the nature and quantity of data hackers stole from the company in a February ransomware attack at business unit Change Healthcare.
It’s going to be a slog. The many manual steps in a breach investigation take time and require expertise. And hackers don't exactly cooperate even when a company buys its data back.
When the exercise is finished, it is likely to reveal an unprecedented breach of health data. Clinicians said they are worried about patient data leaking online. Read our full story.
Also today:
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Kaiser Permanente, Los Angeles health department notify people of data breaches
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How the FCC says net neutrality affects cybersecurity
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Indiana water facility hacked
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And more
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MEMBER MESSAGE: Deloitte
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The Cryptocurrency Transformation
With many countries setting regulatory frameworks to permit the use of digital assets within their financial system, and consumers already having the option to use them for a variety of retail purchases outside of tapping a traditional bank account, credit card or cash, the velocity of blockchain, cryptocurrency and digital assets is speeding up.
Learn More
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PHOTO: IMAGE OF SPORT/ZUMA PRESS
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Los Angeles County's Department of Health Services has begun notifying people of a cyberattack that exposed their personal and medical information. A February phishing attack snared 23 employees, giving hackers access to their email accounts, which contained the sensitive data, the department said in a letter to state regulators.
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Health system Kaiser Permanente said personal information of 13.4 million current and former members was compromised through data-sharing tools on its websites and mobile app. Kaiser shared the data with third-party advertisers such as Google and Meta. The company said it has removed the tracking tools. (TechCrunch)
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The FCC restores net neutrality. What it means for the internet. FCC Chairwoman Jessica Rosenworcel has said that she believes in net neutrality and that stronger regulatory authority over internet infrastructure would allow the agency to safeguard private-sector networks against cybersecurity threats. Read the WSJ explainer.
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Russian hackers claim to hit an Indiana water facility. A cyberattack disrupted operations last week at the Tipton West Wastewater Treatment Plant, north of Indianapolis. A group called the People's Cyber Army of Russia said they were behind the attack, which was discovered by the water plant's outside tech provider. Safe water continued to flow throughout the incident, a plant official said. (StateScoop)
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Thoma Bravo said it plans to buy cybersecurity company Darktrace for about $5.31 billion, intending to take the firm private and drive its global expansion in the field of artificial intelligence. The U.S. private equity group said it had struck a cash deal with London-listed Darktrace, known for its utilization of AI to combat cyber threats. (WSJ)
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Rubrik stock opened at $38.60 and hit a high of $40 before settling to $38.40 at the close of trading on the NYSE on Thursday. The cyber company, backed by Microsoft, said it has more than 6,100 customers and had $784 million in annually recurring subscription revenue, up 47% year over year, according to regulatory filings. Goldman Sachs, Barclays and Citigroup are among the banks advising the company. (WSJ)
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Our weekly roundup of stories from across WSJ Pro that we think you'll find useful
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