Tag Archive for: subsidiary

HHS launches probe into UnitedHealth over ransomware attack on subsidiary

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The Department of Health and Human services is probing Change Healthcare parent company UnitedHealth amid several weeks of prescription routing backlogs and clinical disruptions that resulted from a crippling ransomware attack late last month, the agency announced Wednesday.

The probe will specifically examine UnitedHealth’s compliance with the Health Insurance Portability and Accountability Act, or HIPPA, that is meant to enforce safeguards for patients’ healthcare data.

The HHS Office of Civil Rights said that it’s in “the best interest of patients and health care providers” to examine the healthcare giant, which provides health insurance services for millions of Americans and participating employers.

“Our immediate focus is to restore our systems, protect data and support those whose data may have been impacted,” UnitedHealth said in a press statement, which adds the company is “working with law enforcement to investigate the extent of impacted data.”

White House officials on Tuesday met with healthcare policy participants and agency heads to discuss the incident, which included UnitedHealth CEO Andrew Witty. 

The cyberattack, claimed by the ALPHV/Blackcat ransomware gang, has roiled Change Healthcare, one of the largest healthcare payment systems in the U.S. The incident has delayed prescription fillings and has led to cash crunches at clinics and other facilities. The disruptions are causing some providers to lose upwards of $1 billion per day in revenues.

Change Healthcare reportedly made a $22 ransom payment to the hackers. Soon after, the cybercrime collective appeared to stage a fake takedown of their site. Analysts expect the group to reemerge under a new name.

Officials this past week rolled out emergency financing plans that would accelerate payments to certain providers and suppliers experiencing shortfalls in funding.

The cyberattack is arguably the most consequential cyberthreat facing a major U.S. healthcare service in recent memory, with some lawmakers including Senate Intelligence Committee Chair Mark Warner, D-Va., ready to introduce legislation to provide for accelerated and advanced payments to providers and vendors affected by future…

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Infosys: Infy Subsidiary In Us Hit By Ransomware |

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Bengaluru: McCamish Systems, a US-based unit of Infosys, is learnt to be impacted by a ransomware attack, sources told TOI. Infosys, however, has not disclosed the impact and nature of the attack yet.
Online chronicler Cybersecurity Insiders said this incident appears to involve a ransomware variant, with further details to be disclosed following a comprehensive investigation.“Infosys McCamish Systems, an advocate for robust data protection and security, is actively implementing measures to mitigate the risks stemming from this incident,” it said. McCamish Systems, a subsidiary of Infosys BPM, was impacted by a cybersecurity event that resulted in non-availability of certain applications and systems in McCamish, the company said in a stock exchange filing on Friday.
McCamish is a platform based BPO firm that provides services to the financial services sector supporting life insurance, annuity products and retirement plans. It’s also a software reseller for industry-specific clients. McCamish was acquired by Infosys BPM (formerly Infosys BPO) in 2009.
Cybersecurity Insiders’ report said, “Speculation has arisen on platforms like Reddit, with some tech enthusiasts humorously suggesting that the attack may be in response to a statement by Narayana Murthy, who advocated that India’s younger generation, particularly those in the IT and software sector, should work 70 hours a week to demonstrate their dedication and competitiveness.” An email sent to Infosys didn’t elicit a response till the time of going to press.
In 2020, Cognizant was impacted by the Maze ransomware attack related to its corporate credit cards. Cognizant had roped in the FBI to investigate, which had estimated a $50-70 million impact due to the attack. In 2019, Wipro was subject to an advanced phishing attack that affected some employee accounts and customers that triggered Wipro to release a security patch instantly and conduct a forensic investigation by its partner network into the breach.
Wipro said it had quarantined employees impacted and triggered a standard security protocol to change their passwords. Wipro, however, had clarified that the malware attack would not have any material impact on…

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AITX’s Subsidiary Robotic Assistance Devices Shipping an Additional 14 Units on New Letter of Intent from Major Casino Operator

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Large Deployment Expected to Begin in July

Detroit, Michigan, June 22, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a Letter of Intent from a regional casino operator for large quantity of RAD devices. The expected receipt of this order had been previously acknowledged in a press release in late April of this year.

The Company stated that the Letter of Intent is for a minimum of 12 ROSA security units, 1 SCOT stationary tower, and 1 ROAMEO mobile security robot. The agreement is structured as to allow the client to increase the number of units on order without the need to re-engage their purchasing process. It is expected that deployments will begin in July 2022. The client may choose to be identified in the future as well as participate in a case study since the RAD devices will be in public view.

“Persistence pays off. At RAD we grind until we get the win,” said Mark Folmer, President of RAD. “This client has certainly done their due diligence. I have great respect for their partner qualification process. We’ve gone through similar procedures to ensure that every box is checked when a client is looking at RAD.”

“This is going to be such a great deployment,” said Steve Reinharz, CEO of AITX and RAD. “It’s a picture-perfect commercial deployment, with multiple ROSAs keeping an eye on the facility and their guests, a SCOT at the main entrance providing valuable information and security, plus a ROAMEO on patrol between the parking structure and the front entrance. We expect that these quantities could double in the coming months, at this one location.”

RAD’s parent company AITX has filed for uplisting to the OTCQB. Future announcements will be made regarding the status of the OTCQB application.

ROSA is a compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary…

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AITX’s Subsidiary Robotic Assistance Devices Receives Multiple ROAMEO and ROSA Order from Leading Global Logistics Company

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Artificial Intelligence Technology Solutions, Inc.

Artificial Intelligence Technology Solutions, Inc.

Robotic Assistance Devices

Illustration of 2 RAD ROAMEOs and 3 RAD ROSA 3.0 devices in simulated autonomous response mode. RAD has received an order for 2 ROAMEOs and 3 ROSA devices from a large global logistics company.

Illustration of 2 RAD ROAMEOs and 3 RAD ROSA 3.0 devices in simulated autonomous response mode. RAD has received an order for 2 ROAMEOs and 3 ROSA devices from a large global logistics company.

Detroit, Michigan, April 19, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 2 ROAMEO and 3 ROSA security robots from a top ranked global logistics company. Although not named due to confidentiality agreements, the Company indicated that the end-user is a global leader in supply chain management & third-party logistics.

The Company did confirm that the 2 ROAMEO mobile security robots are expected to be deployed in May or June at two of the client’s logistics centers. “This single, multiple unit order is such a tremendous opportunity to us to showcase the power of the RAD Ecosystem,” said Steve Reinharz, CEO of AITX. “At one location, the 3 stationary ROSAs and one mobile ROAMEO will be communicating and coordinating the facility’s security. The ROSA units will be able to dispatch ROAMEO to specific coordinate immediately upon their detection of a suspicious incident,” Reinharz continued.

“This is the world’s first deployment that we’re aware of where a stationary robot ‘calls’ a mobile robot to be the first responder,” said Mark Folmer, RAD President. “We expect his type of autonomous and automated security to become the de facto standard as it’s simply impossible for every organization that wants security officers to find, keep and afford them.”

The Company also confirmed that the previously announced ROAMEO and ROSA order from one of the nation’s largest vehicle retailers will be deployed on April 25. “It is such an exciting time right now with ROAMEO, ROSA and all other RAD solutions being deployed, and taking their positions at our clients’ facilities,” Reinharz concluded.

RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.

ROAMEO is a mobile security robot that is…

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