secwatch.observer — SEC 8-K summary
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Issuer:     CONDUENT Inc (CNDT)
CIK:        0001677703
Form:       8-K
Filed at:   2025-04-14T23:59:59+00:00
Accession:  0001677703-25-000067
Event type: cyber
Sentiment:  negative
Materiality: 0.75
Item codes: 1.05
LLM model:  deepseek-v4-flash:cloud@v2

Conduent cyber breach: personal data of clients' end-users exfiltrated; material Q1 notification costs
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- Incident on Jan 13, 2025: threat actor gained unauthorized access to a limited environment; systems restored within days/hours.
- Threat actor exfiltrated files containing personal information of clients' end-users; data not released on dark web yet.
- Company incurred material non-recurring expenses in Q1 for potential notification requirements; maintains cyber insurance.
- Company notified federal law enforcement; investigation ongoing to determine full impact of exfiltrated data.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1677703/000167770325000067/0001677703-25-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1677703/000167770325000067/cndt-20250409.htm
  HTML page:      https://secwatch.observer/filing/0001677703-25-000067

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