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 McCamish Systems has agreed to pay $17.
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,
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 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 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),
Indian IT stocks extend losses: Infosys, L&T, Wipro fall for fifth session on US spending concerns
Indian IT stocks extended their losing streak for the fifth consecutive session as concerns over slowing US discretionary ...
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Sensex, Nifty slump in early trade on weak US markets, heavy selling in Infosys stock
Equity benchmark indices Sensex and Nifty slumped in early trade on Tuesday amid weak trends in the US markets and heavy selling in blue-chip stock Infosys ...
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'Infosys was caught red-handed misappropriating trade secrets', says Cognizant
Cognizant Technology Solutions in a US court filing said Infosys was "caught red-handed" stealing the trade secrets of its healthcare software TriZetto, according to a Mint report. This comes over ...
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Infosys Enforces 10-Day Work-From-Office Rule With New 'System Intervention': Report
Infosys has cracked the whip to implement work-from-office policy. In a bid to get more people back to the office campuses, Infosys on Wednesday (Mar 5) told its employees to mandatorily comply ...
‘Time To Make Putin Pay’ UK’s Ex-PM Rishi Sunak Warns On X; Internet Tells ‘Make Him Join Infosys And Work 70 Hours’
It’s time to make Putin pay.” Former British Prime Minister Rishi Sunak tweeted with a thread briefing how. “ If we let ...