BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Cognizant hit by 'Maze' ransomware attack


(Reuters) — Cognizant Technology Solutions Corp. on Saturday said it was hit by a "Maze" ransomware cyberattack, 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 Reuters for further comments on the incident.

The Maze operators denied responsibility for the cyberattack, according to security website BleepingComputer. However, the report added that Maze is likely not discussing it to avoid complications at this early stage.

Chubb Ltd. in March was hit by a computer security incident that may have involved unauthorized access to data held by an outside service provider. A group that deploys the Maze ransomware claimed to have locked up devices on Chubb's network during March, according to BleepingComputer.




Read Next

  • Ransomware case's impact could be far-reaching

    A U.S. District Court ruling in Maryland that an insurer must indemnify a screen-printing business under its businessowner’s policy for costs incurred in a ransomware attack may be the first of its kind concerning ransomware, and is likely to be cited frequently by other courts, some experts say.