Source: The Times of India

Infosys BPM: 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. Approval will close lawsuits without liability admission.

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
50-100K
Anantha Radhakrishnan's photo - Managing Director & CEO of Infosys BPM

Managing Director & CEO

Anantha Radhakrishnan

CEO Approval Rating

56/100

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