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Ransomware Attack’s Economic Impact: $67 Million

Universal Health Services reports an IT outage last September had a $67 million economic impact. The company says it suspended user access to its information technology applications on Sept. 27, 2020. UHS operates 26 acute care hospitals, 334 behavioral health facilities, 39 outpatient facilities and ambulatory care access points in 38 U.S. states; Washington, D.C., Puerto Rico and the United Kingdom. Some security experts caution other organizations to carefully check the coverage terms of their insurance policies for coverage.”]

Source: https://www.cuinfosecurity.com/ransomware-attacks-economic-impact-67-million-a-16095

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