Conduent Incorporated

The Conduent data breach, attributed to the **SafePay ransomware group**, compromised the sensitive personal and financial data of **over 10.5 million individuals** across multiple U.S. states. The incident exposed vulnerabilities in Conduent’s cybersecurity framework, leading to severe reputational damage, investor distrust, and a **36% stock decline** over the past year. The breach’s financial and operational fallout includes potential **legal penalties from regulatory bodies (e.g., FTC)**, class-action lawsuits from affected individuals, and long-term erosion of client confidence. The exposed data—likely including identities and financial records—heightens risks of **identity theft, fraud, and financial exploitation**. Market volatility, evidenced by a **daily stock drop of 0.216%**, reflects immediate financial repercussions, while upcoming earnings reports (November 7, 2025) may further clarify the breach’s economic toll. The incident underscores systemic failures in data protection, demanding urgent reforms to mitigate future threats and restore stakeholder trust.

Source: https://meyka.com/blog/cndt-news-today-conduent-breach-impacts-millions-shares-react-3110/

TPRM report: https://www.rankiteo.com/company/conduent

"id": "con2293322103125",
"linkid": "conduent",
"type": "Ransomware",
"date": "5/2025",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"

{'affected_entities': [{'customers_affected': '10.5 million individuals',
                        'industry': 'Information Technology Services',
                        'location': 'United States (multiple states)',
                        'name': 'Conduent Incorporated',
                        'type': 'Public Company'}],
 'data_breach': {'data_exfiltration': 'Yes',
                 'number_of_records_exposed': '10.5 million',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal Information',
                                              'Financial Information']},
 'description': 'The Conduent data breach affected over 10.5 million '
                'individuals across multiple U.S. states, attributed to the '
                'SafePay ransomware group. The breach exposed sensitive '
                'personal and financial data, raising concerns about identity '
                "theft, financial fraud, and the company's data protection "
                'strategies. The incident has also led to a significant '
                "decline in Conduent's stock performance and potential legal "
                'and regulatory scrutiny.',
 'impact': {'brand_reputation_impact': 'Significant reputational damage, '
                                       'reflected in stock decline and '
                                       'investor caution',
            'data_compromised': ['Personal Details', 'Financial Details'],
            'identity_theft_risk': 'High (due to exposure of personal and '
                                   'financial data)',
            'legal_liabilities': 'Potential investigations by FTC and state '
                                 'authorities; possible legal actions from '
                                 'affected individuals',
            'payment_information_risk': 'High'},
 'investigation_status': 'Ongoing (potential investigations by FTC and state '
                         'authorities)',
 'lessons_learned': 'The breach underscores the need for robust cybersecurity '
                    'frameworks, especially for companies handling large '
                    'volumes of sensitive data. Proactive measures, such as '
                    'enhanced monitoring, incident response planning, and '
                    'regulatory compliance, are critical to mitigating risks '
                    'and maintaining stakeholder trust.',
 'motivation': ['Financial Gain', 'Data Theft'],
 'ransomware': {'data_exfiltration': 'Yes', 'ransomware_strain': 'SafePay'},
 'recommendations': ['Strengthen cybersecurity measures to prevent future '
                     'breaches',
                     'Implement stricter data protection strategies',
                     'Enhance transparency in communication with stakeholders '
                     'and affected individuals',
                     'Prepare for regulatory scrutiny and potential legal '
                     'actions',
                     'Monitor market and investor sentiment closely, '
                     'especially ahead of earnings announcements'],
 'references': [{'source': 'Latest coverage on the Conduent data breach'},
                {'source': 'Yahoo Finance - Conduent Stock Performance',
                 'url': 'https://finance.yahoo.com/quote/CNDT/'}],
 'regulatory_compliance': {'legal_actions': ['Potential investigations by FTC '
                                             'and state authorities',
                                             'Possible lawsuits from affected '
                                             'individuals']},
 'threat_actor': 'SafePay Ransomware Group',
 'title': 'Conduent Data Breach',
 'type': ['Data Breach', 'Ransomware Attack']}