Security News > 2020 > April > Cyberattack on IT services giant Cognizant impacts clients
IT services firm Cognizant suffered a cyberattack on its internal systems by the Maze ransomware group, causing disruption for some of its global clients.
Cognizant is one of the largest IT-managed services companies in the world and has close to 300,000 employees and over $15 billion in revenue.
Managed service providers are frequent targets of ransomware attacks because they provide services to other businesses and malicious actors exert pressure on them to pay ransom demands quickly.
Cognizant has not disclosed how the attackers were able to access its systems.
"Maze has been causing havoc across the IT world since late last year,'' said Craig Taylor, CISO of managed security services firm Neoscope, and CISO for the city of Portsmouth, NH. "This ransomware is particularly bad because of the data exfiltration aspect of it and the threat of releasing such information on a Maze dark web server. That puts an important twist on ransomware attacks."