Cognizant Anticipates $50-70 Million Loss Following Ransomware Attack

May 11, 2020

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.

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2020 October

This month in Security magazine, we explore how Corning's global security group ensured business continuity and employee safety during the global COVID-19 pandemic. Also, we highlight the global security team at Uber and their recent security programs and initiatives. Industry experts discuss travel safety programs, career hackers, working for terrible bosses, group attribution error and more.

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Cognizant Anticipates $50-70 Million Loss Following Ransomware Attack

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