Cyberattack on Cognizant credit cards’ info may impact upto $50M this quarter

Cognizant Technologies recently learned and announced to its entire employee-base that the maze ransomware attack was related to its corporate credit card. The firm was attacked in April and suffered data breaches. Due to the attack, it anticipates $50M-$70M impact this quarter. To ensure data security, Cognizant has enrolled its employees in 12-month credit and dark-web monitoring service by ID experts. Also, they have reported to FBI for investigation.

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