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 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 Settles Lawsuits Against US Unit Over Cyber Incident for $17.5 Million
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,
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 mediation with plaintiffs and covers allegations against IMS and some customers.
Infosys agrees to pay $17.5 million to settle pending lawsuits over McCamish Systems 2023 cyber incident
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 $17.5 million into a fund to settle all the pending class action lawsuits and resolve all allegations made in the incident.
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),
Narayana Murthy’s Infosys agrees for Rs 1,521,444,208 payout over McCamish Systems' data breach 2023 incident
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 ...
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