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Stock impact report

Cognizant hit by 'Maze' ransomware attack [Yahoo! Finance News]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
) - Cognizant nology Solutions Corp on Saturday said it was hit by a "Maze" ransomware cyber attack, resulting in service disruptions for some of its clients.The information technology services provider said it was taking steps to contain the incident, with the help of cyber defense companies, and has also engaged with law enforcement authorities.Ransomware is a type of malicious program used by hackers to take control of files in an infected system and then demand hefty payments to recover them.According to cybersecurity firm McAfee, hackers who deploy Maze threaten to release information on the internet if the targeted companies fail to pay."We are in ongoing communication with our clients and have provided them with indicators of compromise and other technical information of a defensive nature," Cognizant added.It did not respond to a request from for further comments on the incident.The Maze operators denied responsibility for the cyber attack, according to security website Bleep Show less Read more
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