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CommonSpirit Details Financial Fallout of $160M Cyberattack (www.bankinfosecurity.com)

submitted 2 years ago* (last edited 2 years ago) by throws_lemy@lemmy.nz to c/cybersecurity

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Chicago-based CommonSpirit is still waiting to hear back on its insurance claim for an October 2022 ransomware attack, but the hospital chain said in its annual financial statement that the disruption of some facilities and "significantly" hampered billing and collection activities contributed to a $1.4 billion operating loss for the year.

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