CU InfoSecurity Enforcement Texas Relevant

Orthopedic Practice Pays $500K Settlement to NYS in Hack

Summary

- An orthopedic practice in upstate New York paid a $500,000 settlement for a 2023 hack that affected over 650,000 individuals. - The cybercrime group INC Ransom claimed responsibility for the incident.

Why It Matters for Texas Credit Unions

While the incident occurred in New York, it highlights the importance of robust cybersecurity measures that are relevant to all credit unions, including those in Texas.

Original Source Material

2023 Incident Affected More Than 650,000 Patients, Employees An upstate New York orthopedic practice has agreed to pay state regulators a $500,000 settlement and implement stronger security practices following a 2023 hack involving the theft of 650,000 individuals' sensitive information. Cybercrime group INC Ransom reportedly claimed credit for the incident.