Lawsuits and Investigations Mount Following Conduent Hack
Proposed federal class action lawsuits and investigations are increasing against Conduent Business Solutions after the company disclosed a hacking incident in October 2024. This breach potentially compromised personal and health information of over 10.5 million individuals.
Legal Actions Filed
As of Tuesday, at least nine proposed class action lawsuits have been filed since October 27 in a New Jersey federal court. These lawsuits follow Conduent's report to state regulators confirming that the data theft affected nearly 10.52 million people.
Ongoing Investigations
Besides the lawsuits, various law firms have publicly announced investigations into the breach for possible class action litigation.
Company Background
- Conduent is based in New Jersey and offers back-office services to businesses and governments across 22 countries.
- In 2024, the company reported $3.4 billion in revenue.
- Conduent was created in January 2017 when Xerox separated its business services division into two independent publicly traded companies.
Proposed federal class action litigation is piling up against Conduent Business Solutions following its recent public disclosure that an October 2024 hacking incident potentially compromised personal and health information of more than 10.5 million people.
Author's summary: Conduent faces mounting lawsuits and investigations after a massive October 2024 data breach exposed information of over 10 million people, highlighting growing cybersecurity challenges.