Maroc, one of the world’s largest IT outsourcing companies, is facing a slew of regulatory headaches.
But the IT firm, which has had to lay off more than 1,000 employees since last fall, is getting plenty of attention.
Maroc’s audit department says it has identified more than 400 instances of malpractice and fraud over the last six months, and the company is paying more than $2 million in penalties.
The company says it is doing so in part because of the « incredible impact » of the cyber attack on its infrastructure.
Maros IT team has already had to shut down a handful of its data centers and shut down the offices of about 100 employees.
But the company’s problems are far from over.
Maronica says it needs to address the vulnerabilities in the systems to protect its clients and customers of other IT companies.
Its chief financial officer says the company needs to find a way to pay its employees more in their retirement plan.
Maroconica is also working on a new cybersecurity strategy that is set to be unveiled in the next few weeks.