Infosys Settles Lawsuits Against US Unit

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 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 pending lawsuits over McCamish Systems 2023 cyber incident
Infosys McCamish Systems has agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits and resolve all allegations made in the incident. In November 2023, Infosys had disclosed that Infosys McCamish Systems was impacted by a cyber security event, resulting 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 reaches $17.5 million settlement for McCamish cyber incident lawsuits
IT services major Infosys Ltd on Friday (March 14) said its subsidiary Infosys McCamish Systems LLC has reached an agreement in principle to settle six class action lawsuits in the United States related to a cyber incident reported in November 2023.
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 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 (IMS) as the source of a data leak due to a ransomware attack suffered by over 57,
Infosys To Pay Whopping Rs 145 Crore To Settle Lawsuits In McCamish Cyber Security Incident
Tech giant Infosys, on Friday said that the company has agreed to pay a whopping $17.5 million to settle the lawsuits pertaining to the McCamish cyber security incident. In a statement on exchanges, Infosys said that Infosys McCamish Systems (IMS),
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