CONFERENCE On Demand: Cyber AI & Automation Summit - Watch Now
Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

Vermont Hospital Cyberattack Cost Estimated at $1.5M a Day

A late October cyberattack on the computer systems of the University of Vermont Medical Center is costing the hospital about $1.5 million a day in lost revenue and recovery costs, its CEO said.

A late October cyberattack on the computer systems of the University of Vermont Medical Center is costing the hospital about $1.5 million a day in lost revenue and recovery costs, its CEO said.

The Oct. 28 attack crippled the computer systems of the hospital system that serves much of Vermont and parts of upstate New York.

Hospital CEO Dr. Stephen Leffler estimated on a call with reporters on Tuesday that they are about 70% recovered from the attack.

Leffler says they’re still trying to pinpoint the exact root of the cyberattack, but they hope to provide more details about the investigation next week, including whether it was a ransomware attack similar to what other hospitals around the country experienced.

“It is fortunate that the cyberattack is mostly behind us and we can put more focus into dealing with COVID in Vermont and our patients,” Leffler said Tuesday. “And we’re ramping up to start vaccinating our staff, getting ready to have vaccines for our community.”

Leffler says the attack infected all 5,000 computers on the hospital’s network. He says that going forward they are planning to decouple parts of the network and they’re upgrading security measures.

RelatedRansomware Surge Imperils Hospitals as Pandemic Intensifies

Written By

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join us as we delve into the transformative potential of AI, predictive ChatGPT-like tools and automation to detect and defend against cyberattacks.

Register

As cybersecurity breaches and incidents escalate, the cyber insurance ecosystem is undergoing rapid and transformational change.

Register

Expert Insights

Related Content

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybercrime

As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cybercrime

Luxury retailer Neiman Marcus Group informed some customers last week that their online accounts had been breached by hackers.

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

Cybercrime

Satellite TV giant Dish Network confirmed that a recent outage was the result of a cyberattack and admitted that data was stolen.

Artificial Intelligence

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Cybercrime

A new study by McAfee and the Center for Strategic and International Studies (CSIS) named a staggering figure as the true annual cost of...