Infosys settles lawsuits against US unit over cyber incident

Infosys settles lawsuits against US unit over cyber incident for $17.5 million
Indian IT services provider Infosys on Friday said it had reached an agreement with the plaintiffs of lawsuits pending against its U.S. unit over the 2023 cyber incident. Infosys McCamish Systems has agreed to pay $17.
Infosys McCamish settles $17.5M cyber case as AI security gains urgency
Indian IT services provider Infosys announced on Friday that it has reached a settlement agreement with plaintiffs involved in lawsuits against its U.S. unit over a 2023 cyber incident.
Infosys to pay USD 17.5 million to settle lawsuits over McCamish Cyber incident
BENGALURU: Infosys McCamish Systems, a subsidiary of Infosys BPM, will pay USD 17.5 million to settle all the pending class action lawsuits.In a filing, Infosys said, "Infosys has reached an agreement in principle with the plaintiffs of these lawsuits pending against Infosys McCamish Systems LLC and a few McCamish’s customers.
Infosys reports agreement in principle to settle McCamish class action suits
Infosys (INFY) stated in a notice to the Stock Exchange of India: “In continuation to our statement dated November 3, 2023 and subsequent
Cybersecurity: Infosys' US unit to pay $18mn fine
Infosys McCamish Systems, impacted by a 2023 cybersecurity incident, will pay $17.5 million to resolve class-action lawsuits. The settlement follows m
Infosys to pay $17.5 million to settle data breach case in BPM unit
McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US
Infosys settles $17.5 mn class action over US cyberattack, data breach
Infosys will make payments of $17.5 mn towards settlement of US lawsuits for a cyberattack that led to data being breached.
Infosys going to pay USD 17.5 million to settle this lawsuit over….
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Infosys agrees to pay $17.5 million to settle lawsuits over McCamish cyber incident
The Bengaluru-based firm said the proposed deal would settle all the pending class action lawsuits and resolve all allegations made in this matter
Infosys Settles Cyber Incident Lawsuits for $17.5 Million
The lawsuits stemmed from a cyberattack that occurred in November 2023, which disrupted operations at Infosys McCamish Systems, a subsidiary specializing in insurance and retirement services. The breach resulted in the non-availability of certain applications and systems,
Infosys agrees to pay $17.5 million to settle lawsuits over US cyber incident
The cyber incident was first disclosed by Infosys in a stock exchange filing in November 2023. The company said it was working with a cybersecurity products provider to resolve the issue and had launched an independent investigation to assess the impact.
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Infosys Settles Lawsuits Against US Unit Over Cyber Incident For $17.5 Mn
IT services provider Infosys has reached an agreement with the plaintiffs of lawsuits pending against its U.S. unit over the ...
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Infosys McCamish data breach latest news: IT giant settles lawsuits for massive Rs 152.16 crore
Infosys has reached an agreement in principle with the plaintiffs.In 2024, Bank of America named Infosys McCamish Systems ...