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The discussion centers on the increasing severity and financial impact of cybersecurity threats, using the recent UnitedHealth hack as a case study. Since the breach was uncovered at its Change Healthcare unit in February, UnitedHealth has reported total costs of $2.46 billion—far exceeding its original forecast of $800 million. The hosts argue that businesses need to adopt IRM, a more comprehensive approach to risk management, integrating cybersecurity into broader strategies and utilizing predictive analytics to prevent these incidents from escalating into catastrophic events.
Don't forget to subscribe on your favorite podcast platform—whether it's Apple Podcasts, Spotify, or Amazon Music.
Please contact us directly at [email protected] or feel free to connect with us on LinkedIn and X.com.
Visit www.therisktechjournal.com and www.rtj-bridge.com to learn more about the topics discussed in today's episode.
By Wheelhouse Advisors LLCThe discussion centers on the increasing severity and financial impact of cybersecurity threats, using the recent UnitedHealth hack as a case study. Since the breach was uncovered at its Change Healthcare unit in February, UnitedHealth has reported total costs of $2.46 billion—far exceeding its original forecast of $800 million. The hosts argue that businesses need to adopt IRM, a more comprehensive approach to risk management, integrating cybersecurity into broader strategies and utilizing predictive analytics to prevent these incidents from escalating into catastrophic events.
Don't forget to subscribe on your favorite podcast platform—whether it's Apple Podcasts, Spotify, or Amazon Music.
Please contact us directly at [email protected] or feel free to connect with us on LinkedIn and X.com.
Visit www.therisktechjournal.com and www.rtj-bridge.com to learn more about the topics discussed in today's episode.