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Moody’s says hack against UnitedHealth Group is ‘credit negative’ for the company By Reuters

by Index Investing News
February 23, 2024
in Financial
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© Reuters. The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake

(Reuters) – Credit Rating agency Moody’s (NYSE:) said Friday that the recently reported hack against UnitedHealth Group (NYSE:) was “credit negative” for the company.

The agency cited potential “financial and reputational impacts” of the hack, which reportedly occurred Wednesday and has caused disruption to pharmacies across the United States.

UnitedHealth did not immediately return a message seeking comment.



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Tags: CompanyCreditGroupHackMoodysnegativeReutersUnitedHealth
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