Ransomware attack will cost $50 - $70 million this quarter alone, Cognizant says

John Leonard
clock • 2 min read

Attack, which came as firm was preparing for Covid measures, was a 'perfect storm' CEO says

The ransomware attack on US-based services provider Cognizant Technology Solutions in April is likely to cost the company between $50 million and $70 million this quarter, with additional expenses ...

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