Infosys McCamish Systems, impacted by a 2023 cybersecurity incident, will pay $17.5 million to resolve class-action lawsuits.
Infosys will make payments of $17.5 mn towards settlement of US lawsuits for a cyberattack that led to data being breached.
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Infosys McCamish data breach latest news: IT giant settles lawsuits for massive Rs 152.16 croreInfosys has reached an agreement in principle with the plaintiffs.In 2024, Bank of America named Infosys McCamish Systems ...
Indian IT services provider Infosys on Friday said it had reached an agreement with the plaintiffs of lawsuits pending ...
Infosys (INFY) stated in a notice to the Stock Exchange of India: “In continuation to our statement dated November 3, 2023 and subsequent ...
The cybersecurity incident involves the company’s Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM which has agreed to pay $17.5 million (Rs 1,521,444,208) to address all remaining ...
The lawsuits stemmed from a cyber incident in November 2023, which caused disruptions for the company’s subsidiary Infosys McCamish Systems (IMS). This resulted in the unavailability of certain ...
Infosys in its regulatory notice said it is investigating the incident. “Infosys McCamish Systems (“IMS”), a subsidiary of Infosys BPM Limited (a wholly owned subsidiary of Infosys Limited ...
The Bengaluru-based firm said the proposed deal would settle all the pending class action lawsuits and resolve all ...
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