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Stock impact report

Conduent warns of further financial fallout from cyberattack [Yahoo! Finance]

Conduent Incorporated (CNDT) 
Last conduent incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.conduent.com
Company Research Source: Yahoo! Finance
Conduent said it may face additional financial risks related to a January 2025 attack that impacted a number of state governments and other organizations. The attack at the New Jersey-based payments contractor led to data breaches across a number of organizations , including state government agencies and insurance providers. In the state of Wisconsin, child support payments were temporarily disrupted. The stolen data involved a significant amount of personal information belonging to the end users of Conduent clients, according to a regulatory filing with the Securities and Exchange Commission Conduent accrued $25 million in non-recurring expenses during the first quarter related to breach disclosure requirements. The company began issuing notifications in October, with filings made to the Maine and California attorneys general and to numerous other agencies. According to the SEC filing, Conduent made cash disbursements related to breach notifications of $9 million through the Show less Read more
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