Infosys settles lawsuits towards U.S. unit over cyber incident for $17.5 million

Infosys on Friday (March 14, 2025) mentioned it had reached an settlement with the plaintiffs of lawsuits pending towards its U.S. unit over the 2023 cyber incident.
Infosys McCamish Methods has agreed to pay $17.5 million right into a fund to settle all of the pending class motion lawsuits and resolve all allegations made within the incident.
In November 2023, Infosys had disclosed that Infosys McCamish Methods was impacted by a cyber safety occasion, ensuing within the non-availability of sure functions and programs.
In April 2024, Infosys mentioned McCamish, in coordination with its third-party vendor eDiscovery, recognized as much as 6.5 million people whose data was topic to unauthorised entry and knowledge exfiltration within the incident.
Printed – March 14, 2025 10:02 pm IST