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April 20, 2020 04:05 pm

Cognizant Confirms Maze Ransomware Attack, Says Customers Face Disruption

Cognizant, one of the largest tech and consulting companies in the Fortune 500, has confirmed it was hit by a ransomware attack. From a report: Details remain slim besides a brief statement on its site, confirming the 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. "Our internal security teams, supplemented by leading cyber defense firms, are actively taking steps to contain this incident." The New Jersey-headquartered IT giant said it was engaging with the law enforcement. 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 decades-old firm also maintains a business agreement with Facebook to help the social giant moderate content on its platform. Cognizant employs about 290,000 people, most of whom live in India. Maze is not like typical data-encrypting ransomware. 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.

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