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Wall Street Breakfast

UnitedHealth confirms personal data compromised in cyberattack

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 23 April 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

UnitedHealth (UNH) confirms personal data compromised in cyberattack. (00:28) China reportedly bought Nvidia (NVDA) AI chips embedded in Super Micro (SCMI), Dell servers. (01:24) New York Stock Exchange (ICE) gauging interest for 24/7 stock trading. (02:43)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

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

0:08.0

Good morning. Today is Tuesday, April 23rd. I'm Julie Morgan. United Health warns that bad actors from the

0:15.9

cyber attack got their hands on personal information. China has been able to

0:21.2

purchase NVIDIA AI chips

0:23.4

despite the ban.

0:25.0

And what if you could trade 24-7?

0:28.8

United Health Group said a preliminary review

0:31.2

of data involved in February's attack on its change health care

0:34.8

unit indicates that personal information was involved in that a substantial proportion of people

0:40.6

in America could be impacted.

0:42.8

United Health said that because it will likely take months to identify and

0:46.8

notify those impacted, it will be providing certain support services in the interim,

0:51.8

including free credit monitoring and identity theft

0:54.8

protections. The company also advised people to monitor their financial and

0:59.4

insurance statements for

1:05.0

a suspicious activity.

1:06.0

United Health also said that nearly two dozen screenshots from files were made available by hackers on the dark web for about a week,

1:10.0

some of which contained personally identifiable or protected health information.

1:15.0

We also learned according to the Wall Street Journal that the ransomware group was able to access the network nine days before the actual attack.

1:24.0

Chinese research institutes have been able to buy

1:27.0

NVIDIA's high-end artificial intelligence chips through resellers.

1:32.0

Raiders reviewed tender documents fulfilled between November 20th and February 28th.

...

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