Infosys Reaches $17.5 Million Settlement in Class Action Regarding US Cyberattack and Data Breach
In a significant development, Infosys Ltd, headquartered in Bengaluru, has put forth a proposal to settle class action lawsuits arising from a data breach incident involving its US subsidiary, Infosys McCamish Systems (IMS). This breach, which occurred in November 2023 as a result of a ransomware attack, has raised severe…