18 Jun 2020

IT giant Cognizant confirms data breach after ransomware attack

IT services giant Cognizant has confirmed that unencrypted data was accessed and stolen during an April Maze Ransomware attack that made headlines. Cognizant is one of the largest global IT services companies, with close to 300,000 employees and over $15 billion in revenue. Cognizant performs functions such as remotely managing

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11 May 2020

Cognizant: Ransomware Costs Could Reach $70m

In April, IT services giant Cognizant was hit by a ransomware attack that it now reports could cost the company as much as $70 million. In the first quarter of 2020, the firm disclosed revenue of $4.2 billion, representing a year-on-year increase of 2.8%. These figures mean that the company

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24 Apr 2020

Maze Group Wages Ransomware Attack on Cognizant

A ransomware attack conducted by the Maze group has targeted a New Jersey Fortune 500 company, Cognizant, compromising internal systems. Cognizant confirmed on April 18 that it was the victim of a ransomware attack that affected services to some clients. Maze group is notorious for exfiltrating data from victims during

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