Cognizant notifies individuals of data breach, offers $1 m identity theft cover
Cognizant has notified individuals of a data security breach that occurred in April, though the company has not disclosed the number of people affected or the specific data compromised. Affected individuals are being offered 24 months of identity theft protection services, including credit monitoring and insurance coverage.
Why it matters
Data breaches at major IT service providers pose significant risks to corporate and personal data security, highlighting the ongoing vulnerability of global digital infrastructure.
Nasdaq-listed Cognizant has notified affected individuals of a data security breach that occurred around April 21 this year.In a notification letter, Cognizant’s US entity informed individuals about a breach involving their personal information and expressed regret over the incident. The company did not specify the number of people affected or the nature or volume of personal information involved. It said it has no reason to believe that compromised information was misused.Cognizant offered affected individuals identity theft protection services through IDX for 24 months. The package includes credit and CyberScan monitoring, a $1 million insurance reimbursement policy and fully managed identity theft recovery services.The company advised recipients to monitor their account statements and credit reports and remain alert for suspicious activity.
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