Cognizant, IT services provider, expects its Q2 revenue to be significantly impacted due to a ransomware incident that took place in April 2020. 

According to a ZDNet report, the ransomware incident only impacted internal networks, not customer systems. Cognizant CEO Brian Humphries said the ransomware incident impacted (1) Cognizant's select system supporting employees' work from home setups and (2) the provisioning of laptops that Cognizant was using to support its work from home capabilities during the COVID-19 pandemic.