Infosys on Friday stated it had reached an settlement with the plaintiffs of lawsuits pending towards its U.S. unit over the 2023 cyber incident.
Infosys McCamish Systems 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 Systems was impacted by a cyber safety occasion, ensuing within the non-availability of sure purposes and programs.
In April final yr, Infosys stated McCamish, in coordination with its third-party vendor eDiscovery, recognized up to 6.5 million people whose data was topic to unauthorized entry and knowledge exfiltration within the incident.
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