Cognizant: Ransomware Attack Expense at Least $50 Million
Data Breach Today
MAY 9, 2020
IT Services Giant Offers Update During Quarterly Financial Results Call Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.
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