Conduent Incurs Non-Recurring Expenses in Q1 due to Cyberattack

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Conduent Incurs Non-Recurring Expenses in Q1 due to Cyberattack

, MT Newswires - 5:25 PM ET 4/14/2025 default

05:25 PM EDT, 04/14/2025 (MT Newswires) -- Conduent ( CNDT ) has incurred material non-recurring expenses in Q1 linked to a cyber incident in January, the company said in a regulatory filing late Monday.

On Jan. 13, attackers gained access to a "limited portion" of Conduent's ( CNDT ) systems, the company said, adding it restored the systems and returned to "normal operations within days, and in some cases, hours."

The attackers extracted files related to some of Conduent's ( CNDT ) clients and some data contained a "significant number of individuals' personal information associated with [its] clients' end-users," the company said.

Conduent ( CNDT ) said its customers are being informed to determine the next steps, as required by law.

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