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2022 Cyberattack Has Cost CommonSpirit $150 Million So Far

16
Feb
2023
2022 Cyberattack Has Cost CommonSpirit $150 Million So Far

image credit: adobe stock

The ransomware incident that disrupted hospital chain CommonSpirit’s operations for at least a month last fall has cost the organization $150 million in lost revenue, remediation and other expenses so far.

How much of that is covered by insurance as opposed to being an out-of-pocket expense is uncertain, the company disclosed in a financial a report to investors.

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