Clorox Sues Cognizant for $380 Million Over Cybersecurity Lapse

In a landmark legal case, Clorox has filed a lawsuit against Cognizant, claiming $380 million in damages after a 2023 cyberattack in which Cognizant allegedly mishandled credentials that allowed hackers unauthorized access. Cognizant disputes the claim, pointing to insufficient security practices by Clorox. This case underscores the increasing stakes and liabilities associated with digital risk management in enterprise tech agreements. At the same time, India’s IT giants are facing pressures from job cuts and slowed sector growth due to AI disruption and regulatory uncertainty.