CTSH - コグニザント・テクノロジ―・ソリュ―ションズ （Cognizant Technology Solutions Corporation） コグニザント・テクノロジ―・ソリュ―ションズ

San Francisco: As global software major Cognizant implements a programme to improve cost structure amid Covid-19 and optimises its team, the headcount of the company reduced by 10,500 in the second quarter of this year as compared to the previous quarter. As of June 30, the total headcount of the company stood at 2,81,200, from 2,91,700 employees on March 31. The voluntary attrition in the company declined to 10.5 per cent in Q2 of this year, revealed Cognizant CEO Brian Humphries during an earnings call with investors on Wednesday. Humphries said that the company continues to deploy "much more of a performance orientation in the company, which means that we are now removing the underperformers on an annual basis." Cognizant also announced that Karen McLoughlin has decided to retire from the company after more than eight years as Chief Financial Officer and a successful career in the company spanning almost 17 years. Jan Siegmund will serve as the new CFO of the company, effective September 1.

This assumes an estimate of a negative 20 bps foreign exchange impact and a negative 110 bps impact from the exit of certain content services business.

Siegmund most recently served as CFO of Automatic Data Processing, a global human capital management technology and service provider.

Among the verticals, financial services, products and resources , communications media and technology saw revenue declines of 5.2%, 6.5% and 4.4% YoY.

The petition had named former CEO Francisco D'Souza, current CFO Karen McLoughlin, former president Gordon Coburn, and former chief legal officer Steven E. Schwartz and board members, including current CEO Brian Humphries, as defendants.

The admin panel used by hackers to access over one hundred accounts can be used by over 1,000 twitter employees — two former Twitter employees revealed. More than 1,000 Twitter employees and contractors had access to the internal admin panel that enabled last week’s Twitter hack of 130 high profile accounts. According to Reuters on July 24, two former employees have shed light on just how vulnerable Twitter’s security was — and may still be. They said that, in addition to employees, contractors like Cognizant could also have access. Former chief security officer at AT&T Edward Amoroso, told Reuters that such powerful controls should not be available to so many people. “That sounds like there are too many people with access,” he said, adding that staff should have limited rights with responsibilities split up as well as multiple checks and balances in place for adjusting sensitive information. “In order to do cyber security right, you can’t forget the boring stuff.” What happened? On July 15 attackers accessed Twitter’s admin panel allowing them to take control of any Twitter account, post tweets from them and access personal information including private messages.

Twitter Inc. (NASDAQ: TWTR ) internal tool, which was used in the infamous Bitcoin scam earlier this month, could be accessed by more than 1,000 employees at the company as of earlier this year, according to a Reuters report Thursday. What Happened The access to the tool wasn't just limited to the social media company's employees, and even workers at contractors like Cognizant Technology Solutions Corporation (NASDAQ: CTSH ) could access it, former Twitter employees told Reuters. The people familiar with the matter said Twitter does have a system to log the activity of workers searching for records, but … Full story available on Benzinga.com

Verizon, Microsoft revealed a joint platform for IoT application development that combines Verizon 5G and its ThingSpace platform with Microsoft Azure's IoT Central and have identified solution provider giant Cognizant as an early adopter.

TEANECK, N.J., July 21, 2020 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced that its Shared Investigator Platform (SIP), a life sciences Software as a Service (SaaS) solution, has reached a new milestone of over 100,000 users in 84 countries. The platform has become increasingly…

The lawsuit by Ravindra Guyyala in the US District Court of Delaware follows a separate ongoing securities class action lawsuit filed by Cognizant shareholders, alleging that the company failed to disclose the bribery and misled shareholders.

People familiar with the matter said Cognizant Technology Solutions Corp. is likely to evaluate external candidates who are strong on corporate governance and have good understanding of the India business and emerging technologies.

Humphries did not specify a timeline but said the search for a new CMD is expected to be completed in the coming months

DUBLIN--(BUSINESS WIRE)--The "Cyber Security Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering. The global cyber security market was valued at US$159.821 billion in 2019. The growing incidence of malware and phishing attacks is the major driver of the global cybersecurity market. There has been a rapid adoption of advanced technologies such as the Internet of Things (IoT) which has increased the threat of cyberattacks across various industry vertic

Technavio has been monitoring the digital asset management market and it is poised to grow by $ 6.59 bn during 2020-2024, progressing at a CAGR of 23% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200712005007/en/ Technavio has announced its latest market research report titled Global Digital Asset Management Market 2020-2024 (Graphic: Business Wire) Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 . Please Request Latest Free Sample Report on COVID-19 Impact The market is concentrated, and the degree of concentration will accelerate during the forecast period. Adobe Inc., Bynder BV, Cognizant Technology Solutions Corp., Dell Technologies Inc., HP Inc., Huawei Investment and Holding Co.