Editorial: As the already near-vacant Rite Aid stores close, the problem becomes less about the behind-the-scenes business of prescription drugs and insurance and more about the simple issue of access. https://t.co/2AuQaqaYgp
Rite Aid reveals more store closures, bringing total to 142 across 12 states: See list https://t.co/ybfz8hjujK
Ransomware likely compromised Baltimore county's health data https://t.co/HwUzVojopj
Rite Aid Corp. is undergoing a collapse marked by the closure of 142 stores across 12 states, significantly impacting customers and other pharmacies due to reduced access to prescription drugs. The company is also involved in bankruptcy proceedings that include the pending sale of millions of customer health records, raising concerns about data security amid a broader context of increasing cyber incidents in the healthcare sector. The breach at Rite Aid occurred after hackers gained access to the company’s internal systems by bribing contractors and employees based outside the U.S. This incident is part of a wider trend of ransomware attacks targeting healthcare data, which have compromised 285 million patient records in the U.S. since 2010. In 2024, ransomware affected 11% of healthcare systems but accounted for 69% of all stolen data. Additionally, ransomware attacks have recently targeted other entities, including Broadcom's payroll provider, resulting in the theft of employee data, and possibly compromised Baltimore County's health data.