The High Cost of Ransomware: Change Healthcare’s $22 Million Payout and Its Aftermath

Change Healthcare’s $22 Million Payout and Its Aftermath

A Costly Decision: The $22 Million Ransom

When Change Healthcare paid $22 million in March to a ransomware gang that had devastated the company as well as hundreds of hospitals, medical practices, and pharmacies throughout the US, the cybersecurity industry warned that Change’s extortion payment would only fuel a vicious cycle. 

It appeared that rewarding hackers who had carried out a merciless act of sabotage against the US health-care system with one of the largest ransomware payments in history would stimulate a new wave of attacks on similarly vulnerable victims. The wave has arrived.

This decision came after a crippling cyberattack that not only brought the company to its knees but also impacted hundreds of hospitals, medical practices, and pharmacies nationwide.

The ransomware attack on Change Healthcare was not just another statistic; it was a ruthless act of sabotage against the US healthcare system. The payment made by Change Healthcare is one of the largest ransomware payouts in history and has raised serious concerns about the implicatio

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