Previous close | 135.40 |
Open | 135.40 |
Bid | 164.10 |
Ask | 170.85 |
Strike | 350.00 |
Expiry date | 2025-12-19 |
Day's range | 135.40 - 135.40 |
Contract range | N/A |
Volume | |
Open interest | 37 |
UnitedHealth Group (UNH) CEO Andrew Witty appeared before Congress on Wednesday to testify on the cyberattack that targeted the health insurance provider's subsidiary Change Healthcare. Witty made the executive decision to pay a ransom after hackers made off with a substantial amount of confidential user data. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the latest news from the Capitol Hill hearing and the broader fallout from the hack. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
Following are the top stories on the New York Times business pages. - Johnson & Johnson said that it would ask tens of thousands of people suing the company over claims that its talcum powder products caused their cancer to approve a new $6.5 billion settlement, its third attempt to resolve the lawsuits. - Lawmakers sharply criticized UnitedHealth Group's handling of the cyberattack on the company's Change Healthcare unit that paralyzed the U.S. health care system, citing the failure of its security systems and the potential disclosure of sensitive medical information of millions of Americans.
The Change Healthcare cyberattack that disrupted health care systems nationwide earlier this year started when hackers entered a server that lacked a basic form of security: multifactor authentication. UnitedHealth CEO Andrew Witty said Wednesday in a U.S. Senate hearing that his company, which owns Change Healthcare, is still trying to understand why the server did not have the additional protection. “This hack could have been stopped with cybersecurity 101,” Oregon Democratic Sen. Ron Wyden told Witty.