Cognizant Expects to Lose up to $70 Million from April Ransomware Attack

IT services giant Cognizant has calculated it will lose between $50 million and $70 million from a ransomware incident in April, the CFO said on an earnings call. Cognizant confirmed to clients on April 18 that a security incident involving its interna… Continue reading Cognizant Expects to Lose up to $70 Million from April Ransomware Attack

Slack to investors: we might be the target of organized crime, nation-sponsored hackers

In a filing with the Securities and Exchange Commission (SEC), Slack Technologies reveals it is facing ongoing threats from nation-state actors, organized crime, and traditional one-off hackers alike. Slack develops and sells a proprietary set of cloud… Continue reading Slack to investors: we might be the target of organized crime, nation-sponsored hackers