Senate Finance Chair Wyden urges FTC, SEC to launch inquiry into United Healthcare cyber attack

Senate Finance Chairman Ron Wyden (D-OR) is asking the Federal Trade Commission and the Securities and Exchange Commission to launch an investigation into UnitedHealth Group’s cybersecurity practices, following a major cyber attack that hit the company’s subsidiary Change Healthcare.

“This incident and the harm that it caused was, like so many other security breaches, completely preventable and the direct result of corporate negligence. UHG has publicly confirmed that the hackers gained their initial foothold by logging into a remote access...