secwatch.observer — SEC 8-K summary
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Issuer:     MAXIMUS, INC. (MMS)
CIK:        0001032220
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001032220-23-000061
Event type: cyber
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Maximus reports MOVEit breach affecting 8-11M individuals; records $15M expense
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- Unauthorized third party exploited MOVEit zero-day; accessed personal info of 8 to 11 million individuals.
- Data includes SSNs, protected health info, and other personal data; free credit monitoring offered.
- Company estimates $15M expense for Q3 FY2023 for investigation and remediation activities.
- No material business interruption; internal IT systems beyond MOVEit unaffected.
- Cooperation with law enforcement; notification to customers, regulators, and affected individuals ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032220/000103222023000061/0001032220-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032220/000103222023000061/mms-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001032220-23-000061

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