Products and Resources revenue grew 8.1% year-over-year, or 11.6% in constant currency, driven in part by strength among automotive, logistics, retail and consumer goods clients. Growth was driven by digital services among pharmaceutical clients and sustained demand for integrated software solutions among our healthcare clients. ![]() Health Sciences 2 revenue grew 6.3% year-over-year, or 7.6% in constant currency. The sale of the Samlink subsidiary, which closed on February 1, 2022, negatively impacted segment revenue growth by approximately 190 basis points. regional banking clients, strength in the United Kingdom and solid performance within insurance. Second Quarter 2022 Performance by Business Segmentįinancial Services revenue grew 2.7% year-over-year, or 5.1% in constant currency, driven by growth in U.S. Updated at 3.13PM PT on April 20: In a filing with SEC on Monday, Cognizant, which earlier this month withdrew its guidance for 2020, said that the attack “may continue to cause an interruption in parts of our business and may result in a loss of revenue and incremental costs that may adversely impact our financial results.Helping organizations engage people and uncover insight from data to shape the products, services and experiences they offer Learn More “It’s possible the group is holding off naming the firms and publishing any data pending the outcome of negotiations, and that could be the case with Cognizant too,” said Callow. “At some point in the last three weeks, Maze also hit two Manitoba law firms, neither of which has been listed.” ![]() “That does not mean Maze was not responsible,” said Brett Callow, a threat analyst and ransomware expert at security firm Emsisoft. Since the warning, several major companies have been hit by Maze, including cyber insurer Chubb, accounting giant MNP, a law firm and an oil company.Īccording to Bleeping Computer, which first reported the attack, the Maze hackers denied responsibility for the attack. The FBI privately warned businesses in December of an increase in Maze-related ransomware incidents. However, a website known to be associated with the Maze attackers, has not yet advertised or published data associated with Cognizant. If a ransom isn’t paid, the attackers publish the files online. Maze not only spreads across a network, infecting and encrypting every computer in its path, it also exfiltrates the data to the attackers’ servers where it is held for ransom. Maze is not like typical data-encrypting ransomware. When reached, Cognizant spokesperson Richard Lacroix declined to comment beyond the statement. Cognizant employs about 290,000 people, most of whom live in India. ![]() The decades-old firm also maintains a business agreement with Facebook to help the social giant moderate content on its platform. The company, which offers a range of services including IT consultation to clients in more than 80 countries, posted $16.8 billion in revenue last year. The New Jersey-headquartered IT giant said it was engaging with the law enforcement. “Our internal security teams, supplemented by leading cyber defense firms, are actively taking steps to contain this incident.” “Cognizant can confirm that a security incident involving our internal systems, and causing service disruptions for some of our clients, is the result of a Maze ransomware attack,” the statement read. Cognizant, one of the largest tech and consulting companies in the Fortune 500, has confirmed it was hit by a ransomware attack.ĭetails remain slim besides a brief statement on its site, confirming the incident.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |