Infosys settles $17.5 million lawsuit over US cyberattack

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 settles $17.5 million lawsuit over US cyberattack: ‘The proposed terms are subject to…’
Infosys has agreed to a $17.5 million settlement for lawsuits related to a 2023 cyber data breach at its US subsidiary, Infosys McCamish Systems. The breach exposed data of 6.5 million individuals and impacted McCamish customers.
Infosys to Settle $17.5 Million Lawsuit Over 2023 Cybersecurity Breach
Infosys has agreed to pay $17.5 million to settle a class-action lawsuit linked to a cybersecurity breach at its business process management (BPM) unit, Infosys McCamish Systems, in 2023. The breach,
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 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
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 2023 cyber incident, Reuters reported.Infosys McCamish Systems has agreed to pay USD 17.
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 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 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 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.
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 ...
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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 ...