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Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




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Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




en

Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




en

Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




en

Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




en

Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




en

Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




en

Cognizant: Ransomware Attack Expense at Least $50 Million

IT Services Giant Offers Update During Quarterly Financial Results Call
Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million in losses, according to the company's latest financial results. Cognizant has said that the Maze ransomware gang is behind the attack.




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Lebanon's city of Tripoli erupts in violence

The Lebanese Ministry of Information reported Tuesday the security situation in the northern city of Tripoli has deteriorated dramatically.




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Free elections vital for Afghanistan success, U.N. envoy says

Free and fair elections in Afghanistan are crucial for the country's successful future, U.N. deputy envoy Nicholas Haysom said Tuesday.




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Iran's Zarif said draft nuclear plan could develop from Vienna talks

Iran wants to work toward a draft agreement on a comprehensive solution to a lingering nuclear row with Western powers, the foreign minister said Tuesday.




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China settles trade dispute with Europe over solar power components

A trade agreement with China will give European companies the opportunity to compete in the Chinese solar power market, the EU's trade commissioner said.




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EU extends financial hand to cash-strapped Ukraine

Lending a financial hand to Ukraine is a safeguard that will ensure stability on the European continent, a European monetary official said Wednesday.




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U.N. envoy says military gain trumping diplomacy in South Sudan

Rival parties to the conflict in South Sudan are putting military gains ahead of political settlement, a top U.N. official told the Security Council.




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Afghan democracy depends on political role for women, U.N. says

Elections can only be representative if all members of society, including women, play a role, the head of the U.N. mission in Afghanistan said Wednesday.




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Obama optimistic about prospects for Iranian nuclear agreement

There's a chance for Iran to reach a comprehensive nuclear agreement that would benefit its people if the rights steps are taken, President Obama said Thursday.




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Violence in CAR 'terrifying,' U.N.'s Navi Pillay says

The security situation in the Central African Republic remains dire, U.N. High Commissioner for Human Rights Navi Pillay said Thursday.




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British reconstruction team ends operations in Helmand

Thursday is the final working day for a British provincial reconstruction team in the Afghan province of Helmand, British Foreign Secretary William Hague said.




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OPCW: Nearly half of Syrian chemical agents out of the country

Nearly half of the declared chemical weapons in Syria have been removed from the country, a U.N. monitoring mission said Thursday.




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Israeli settlements require international legal attention, envoy says

A U.N. special envoy on Palestinian issues said Friday it was time for the International Court of Justice to assess what he said was Israeli colonialism.




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Chinese measure aims at easing pressure on students

Many in China think academic pressure on children is out of hand but it is not clear a measure to deemphasize cramming will work.




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UK Discrimination Law Review: Sexual orientation discrimination

In the case of Smith v Ideal Shopping Direct Ltd [2013], the Employment Appeal Tribunal (EAT) considered the statutory definition of harassment. Facts Mr Smith was an openly gay employee of Ideal Shopping Direct Limited. He brought a claim allegin...




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UK Discrimination Law Review: Post-employment victimisation and the effects of Jessemy and Onu

Post-employment victimisation and the effects of Jessemy and Onu. The Court of Appeal has recently held that post-employment victimisation is unlawful, overturning the previous decision in Rowstock Ltd & another v Jessemey  and providing he...




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UK Discrimination Law Review: Dramatic decline in Employment Tribunal claims

Employment Tribunal statistics for the period October to December 2013 have shown a sharp decline in the number of Employment Tribunal claims brought since the fees regime was introduced last Summer. The statistics: in summaryThe latest statistics s...




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UK Discrimination Law Review: Post-natal depression: are there limits to the law’s protection from detriment?

Is it necessarily unlawful for an employer to dismiss an employee for incapability if she fails to return to work following the end of maternity leave, where the reason for the absence is post-natal depression (or other pregnancy-connected illness)?...




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UK Discrimination Law Review: Age discrimination and compulsory retirement

Since the removal of the default retirement age, there have been surprisingly few cases giving guidance as to when an employee might be lawfully retired.  Some employers have implemented their own ‘Employer Justified Retirement Age’...




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UK Discrimination Law Review: Code of practice for employers: Avoiding unlawful discrimination while preventing illegal working

Employers have a duty to carry out document checks on individuals before employing them.  The aim of the checks is to ensure that individuals have the legal right to work in the UK.  Correctly carrying out document checks gives employers a...




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UK Discrimination Law Review: Age discrimination and retirement: Seldon – the final chapter

In the latest, and what we can now assume is the last, chapter in the long running Seldon case concerning compulsory retirement, the Employment Appeal Tribunal (EAT) has upheld the Tribunal’s decision that compulsory retirement, in this case i...




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UK Discrimination Law Review: Shared parental leave: an update

On 1 December 2014 we are expecting legislation to come into force that will give effect to the new shared parental leave regime. The new regime will apply to employees in England, Scotland and Wales whose babies are due, or who will adopt a child, ...




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Uk Discrimination Law Review: Redundancy and reasonable adjustments

The Employment Appeals Tribunal (“EAT”) has recently given an interesting ruling on  redundancy selection which could open the door to more claims from disabled employees. Background <...




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UK Discrimination Law Review: Tax on discrimination compensation

In a recent case the First-tier Tribunal (Tax) confirmed that a compensation payment that was made to an employee on the termination of their employment was taxable, notwithstanding that the payment related to discrimination and injury to feelings. ...




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UK Discrimination Law Review: Mental illness, culpability and gross misconduct

Mental illness, culpability and gross misconduct A recent appeal case illustrates the difficulties that can arise when dealing with instances of apparent misconduct where a mental impairment could have affected an employee’s ability to control ...




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UK Discrimination Law Review: Mandatory gender pay reporting

By March 2016 new regulations will be in place that will require larger employers in the private and third sector to publish details of their gender pay gap ie the difference in pay between male and female employees. The new rules, which will come a...




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UK Discrimination Law Review: Trivial pursuit: minor upsets and non-harassment

A recent decision of the Employment Appeal Tribunal has stressed that trivial acts, even if related to a protected characteristic, will not constitute unlawful harassment. The case of Henderson v GMB is a useful reminder that the Equality Act is not...




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UK Discrimination Law Review: Changing terms of employment: indirect age discrimination

Imposing changes to terms and conditions of employment is rarely a straightforward exercise.  As well as dealing with issues such as collective and individual consultation, the risk of unfair dismissal and breach of contract claims, and (in som...




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UK Discrimination Law Review: English (or Welsh) fluency in the public sector

In August the Government announced plans for new laws to ensure all public sector workers in public-facing roles speak fluent English (or, in Welsh authorities, English or Welsh). Further details of the proposals have now been revealed in the Immigr...




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UK Discrimination Law Review: Discrimination by association - latest developments

For some time now it has been recognised that direct discrimination occurs not only if someone is treated less favourably because of their own protected characteristics, but also if they are treated less favourably because of somebody else’s p...




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UK Pensions Speedbrief: Age discrimination challenge to judicial pension scheme succeeds

UK Pensions Speedbrief: Age discrimination challenge to judicial pension scheme succeedsThe Employment Tribunal has handed down its



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UK Pensions Speedbrief: Public sector age discrimination appeals - latest

The Employment Appeal Tribunal (EAT) has ruled that the transitional arrangements in the New Judges Pension Scheme (NJPS) constitute unlawful age discrimination.  In a related case, the EAT has also held that the Employment Tribunal (ET) f...




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TMT legal update: Where to bring proceedings for online copyright infringement?

Précis On the 4th July 2013 Eversheds reported on the Opinion of Advocate General Niilo Jääskinen (the “AG”) in the Case C-170/12 Pinckney. (Click here to view this article). Following ...




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TMT legal update: Svensson - hyperlinks and communication to a “new public”

Précis An owner of a website may redirect users, via clickable links, to copyright protected works, without requiring the permission of the copyright holders if those works have been made available on a freely accessible basis on another web...




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TMT legal update: When the hackers strike, who pays the bill?

Précis: Threats to internet security are constantly in the news, but organisations of all sizes will know that there is a real cost to be borne when systems are hacked.  However, who should bear the cost? In the recent case of Frontier S...




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Software development: protecting source code

The recent decision in FilmFlex Movies Limited v Piksel Limited [2015] EWHC 426 (Ch) highlights the risks of losing control of IPR in joint software development agreements.  Companies entering into such agreements should be clear about the natu...




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Towards a new incentive for innovation – The Innovation box

Background Innovation is key in our actual economic climate. However, innovation needs economic stimulation. One of the typical measures implemented by national legislators are tax incentives, such as the so-called ‘Patent box’, ‘I...




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Local government pensions speedbrief - cost-sharing consultation

Cost–sharing for the Local Government Pension Scheme (LGPS) is a subject close to the minds and pockets of all LGPS funds, employers and members. Consultation by the Department for Communities and Local Government (DCLG) on cost–sharing ...




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LG pensions speedbrief: latest LGPS news

Hot off the press is a Court of Appeal decision dated 7 April 2009 (South Tyneside MBC v The Lord Chancellor and Secretary of State for Justice and Another) which held that former employing authorities are not liable to make good their funding defic...




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Pensions Ombudsman is subject to rules of law, including time limits, when deciding legal disputes

In ArjoWiggins Ltd v Ralph (in which Eversheds LLP acted for the successful appellant) the High Court has considered the extent to which the time periods within which complaints may be brought are applicable to the Pensions Ombudsman. This is a help...




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UK Government scraps local government Two Tier Code

The Government has announced that it will be scrapping local government’s ‘Two Tier Code’. In a speech to the CBI last night, Eric Pickles, Secretary of State for Communities and Local Government announced that the Code would be wi...




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Public sector pensions reform: the latest developments

At the end of last year, we reported that the Government announced that headline agreements had been reached with the main trade unions in relation to the Local Government Pension Scheme (LGPS), the NHS Pension Scheme (NHSPS), the...




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Eversheds' public sector pensions speedbrief - The Welsh Authorities Staff Transfers (Pensions) Direction 2012

The Welsh Ministers have recently issued The Welsh Authorities Staff Transfers (Pensions) Direction 2012, under powers contained in Section 101 of the Local Government Act 2003 (the “2012 Direction”).  The 2012 Direction came into f...