Exela Technologies Awarded $35 Million Breach Remediation Notification Contract

June 24, 2024

DENVER, Colo., Jun 24, 2024 (247marketnews.com)- Exela Technologies, Inc. (NASDAQ:XELA) was awarded a short-term strategic security breach remediation contract valued at over $35 million, which began in June and is expected to conclude next month.

Suresh Yannamani CEO, Exela Technologies BPA, stated, “This is a prime example of how Exela’s full service cybersecurity compliance, remediation and incident response solutions are resonating in the industry. Exela worked diligently and expeditiously with our client on a legally sensitive situation. At Exela, we are well positioned to help our current and potential customers in their time of need as cybersecurity becomes increasingly critical as each day passes.”

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