Nuance Communications Cyberattack Results in $98M Revenue Loss

October 10, 2022

INCIDENT

Nuance Communications, a major voice and language tool vendor, lost $98 million in revenue as a direct result of falling victim to the global NotPetya attack in June 2017, according to a recent Securities and Exchange Commission filing. That number is projected to increase as they move into 2018 to enhance and upgrade its security.

Incident Date

June 27, 2017

Estimated Cost

$68M in revenue and $24M in remediation and restoration efforts, in addition to “incremental amortization expenses.”

Type of Malware

Threat Source

No threat source identified