Industry Notes:
Senator Wyden Urges UHG CEO and Board Punishments
Published on Mon Jul 01, 2024
On June 13, 2024, Senate Finance Committee Chair Ron Wyden (D-Ore.) sent a
letter to the Federal Trade Commission (FTC) and U.S. Securities and Exchange Commission (SEC) Chairs regarding the February 21 Change Healthcare ransomware attack. Senator Wyden encourages the FTC and SEC Chairs to hold UnitedHealth Group (UHG) responsible for “negligent cybersecurity practices.” He argues that the attack [...]