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 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 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 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 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),
Infosys CTO Reveals How To Be An AI-First Company
Rafee Tarafdar has executed this transformation at both Infosys and clients, and says it comes down to data, business value ...
IT titans at war: Cognizant denies slow-roll plot by its CEO to hurt Infosys
New Jersey-headquartered Cognizant labelled “preposterous” Infosys’s allegations that the former had hired current chief ...
Maximum stakeholder in Infosys is not Narayana Murthy, Sudha Murty, Rohan Murty, Akshata Murty, Nandan Nilenkani but it is…
Together, institutional and promoter stakeholders reflect the robust and balanced ownership structure of Infosys.
Devdiscourse2d
Infosys and Citizens Forge Ahead in AI-Driven Financial Innovation
Infosys and Citizens have expanded their strategic collaboration to enhance financial services with AI, cloud, and automation ...
Reliance, Infosys to SBI — 75 large-cap stocks in bear grip as market selloff deepens
Indian large-cap stocks have shown resilience in recent weeks, even as U.S. markets remain under sustained pressure. However, ...
Infosys expands collaboration with Citizens
Infosys (INFY) announced the expansion of its long-standing strategic collaboration with Citizens. Citizens will leverage Infosys’ domain ...
Infosys HR issues clarification after the term 'System Intervention' on the new work from office creates 'concerns'
Infosys addressed employee concerns over its new work-from-office mandate, which requires at least 10 days in the office each ...
Infosys Share Price Highlights: Infosys Stock Price History
Join us on the Infosys Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay ...