Infosys settles lawsuits against U.S. unit over cyber incident for $17.5 million
The Hindu
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 during a 2023 cyber incident.
Infosys on Friday (March 14, 2025) 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.
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.
In April 2024, Infosys said McCamish, in coordination with its third-party vendor eDiscovery, identified up to 6.5 million individuals whose information was subject to unauthorised access and data exfiltration in the incident.
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