Items tagged with cd projekt

CD Projekt recently released information about their Q1 2021 and the results are mixed. The company experienced a 2% increase in sales, but 64.7% decrease in net profits. CD Projekt noted that their decrease in net profits is primarily due to the cost of fixing Cyberpunk 2077. CD Projekt net profits equaled $32.5 million PLN ($8.84 million USD) for Q1 2021. This was lower than was initally expected. CD Projekt CFO Piotr Nielubowicz remarked, “Lower than usual net profitability is mainly due to continuing depreciation of Cyberpunk 2077 development expenditures, work on updating the game, and R&D activities related to future projects. These expenses are recognized as current-period costs... Read more...
Game developer CD Projekt Red announced on Twitter that it has fallen prey to a "targeted cyber attack," in which an unidentified actor (or actors, as the case might be) gained unauthorized access to its internal network and are demanding a ransom. In a ransom note left by the attacker(s), it is claimed they managed to steal the source code for a few prominent titles, including Cyberpunk 2077, The Witcher 3, Gwent, and an unreleased version of Witcher 3. It's not clear if the hack did actually result in stolen source as claimed, though CD Projekt Red did acknowledge that the responsible party "collected certain data" belonging to the developer, and also encrypted some devices on the network.... Read more...