Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Thursday, March 28th. I'm Julie Morgan. The State Department is getting serious about the

ransomware as a service organization Blackcat. Disney and the new Desantis

backed oversight board both said Uncle, and Ford is cutting jobs at an

EV plant.

The US State Department is offering a reward of up to $10 million for information about the ransomware group Blackcat.

Blackcat is believed to have been behind the cyber attack on United Health's Change Healthcare

Unit, which handles around 50% of the nation's medical claims.

The State Department accused the organization of compromising computer networks of critical

infrastructure sectors in the United States and worldwide and stealing sensitive

confidential information amongst other crimes and wrongdoings. The reward is

being made available through the department's rewards for justice program.

The department encouraged people

with information on the organization

to contact the program through its tour-based tips channel,

according to a statement released on Wednesday.

United Health reportedly paid Black Cat, which is believed to have ties to Russia, $22 million to regain

access to its systems.

The attack which occurred on February 21st

crippled core administrative functions,

such as billing and claims processing at hospitals,

health care providers, and pharmacies nationwide.

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