70 Percent of US health care companies don’t have cybersecurity insurance coverage

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Though the percentage of covered firms is rising, the vast majority are not protected from cyber attacks. A tremendous 70 percent of health care companies in the United States don’t have cybersecurity insurance. This was among the results reported by FICO in a recent study commissioned by the analytics firm. Health care is among those that could be most affected by a cyber attack such as a data breach. The FICO report showed that 7 out of every 10 firms in the American health care industry are not protected by…

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UnitedHealth Group acquire large Brazilian insurance company

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UnitedHealth Group acquires Amil Participacoes SA Health insurance giant UnitedHealth Group has announced its acquisition of one of the largest health care companies in Brazil, Amil Participacoes SA. The move is part of UnitedHealth Group’s endeavor to boost its presence in Latin America, a region brimming with demand for health insurance coverage. UnitedHealth Group acquired the Brazilian company for approximately $4.9 billion. The company operates 22 hospitals and 50 clinics located throughout Brazil and boasted of an annual revenue of more than $5 billion. Move comes as company attempts to…

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