This is something out of a horror story: UnitedHealth Group, which operates United Healthcare, and Optum, disclosed that the recent #cyberattack & #ransomware cost the insurance giant a whopping $870 million in Q1 2024, with nearly $600 million for system restoration and response effort direct costs. And you know how the hackers got to the system? According to the CEO testimony this is how easy it was: "On February 12, criminals used compromised credentials to remotely access a Change Healthcare Citrix portal, an application used to enable remote access to desktops. The portal did not have multi-factor authentication. Once the threat actor gained access, they moved laterally within the systems in more sophisticated ways and exfiltrated data. Ransomware was deployed nine days later." #msp friends, contact Timus Networks today to discuss how we can protect you and your clients with solid zero trust network security, including minimizing RDP risks. #mspfirstvendor #ztna #sase #rdp https://lnkd.in/dFa6wVtc
This incident highlights the critical importance of robust security measures. Implementing a multi-factor authentication and a zero-trust approach can significantly mitigate such risks. How do you think organizations can better prepare to handle sophisticated cyber threats?
wow
They are now saying up to a third of Americans have had their information exposed. All thanks to the failure to implement MFA on a Citrix account.