Pharmaceutical giant Cencora announces data breach

Pharmaceutical giant Cencora has been hit by a cyberattack

Pharmaceutical giant Cencora has been hit by a cyberattack and the attackers have stolen data from its infrastructure. Cencora, formerly known as AmerisourceBergen, was the victim of a cyberattack and disclosed the data breach.

Information about Cencora, Inc.

Cencora, Inc. formerly known as AmerisourceBergen, is an American pharmaceutical wholesaler and contract pharma research company formed through the merger of Bergen Brunswig and AmeriSource in 2001. The company had a turnover of $238.6 billion for the fiscal year 2022 and has more than 44,000 employees.

Detecting a security breach

The Company discovered the security breach on February 21 and immediately began an investigation into what happened. "On February 21, 2024, Cencora, Inc. (the "Company") learned that data from its information system had been extracted, including some that may contain personally identifiable information.

Company's operating activities and possible consequences

"As of the date of this statement, the incident has not had a material impact on the Company's operations and its information systems continue to function. The Company has not yet determined whether there are reasonable grounds to believe that the incident will have a material effect on the Company's financial condition or results of operations." In a Form 8-K filing with the SEC, Cencora said the cyberattack did not have a material impact on the company's operations.

Risk of cyberattacks in the health sector

Organizations in the healthcare sector are at risk of cyberattacks, the FBI, CISA, and the Department of Health and Human Services (HHS) have warned, issuing a joint warning about targeted attacks using the ALPHV/Blackcat ransamware. In the recent ALPHV/Blackcat ransomware attack, the group targeted UnitedHealth Group's subsidiary Optum, which led to the disruption of Change Healthcare's payment platform. Optum Solutions is a subsidiary of UnitedHealth Group, a leading insurance company in the United States. Optum Solutions operates the Change Healthcare platform, which is an important payment platform for the U.S. healthcare system.

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