Cybersecurity: Infosys’ US unit to pay $18mn fine – The Times of India
BENGALURU: Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM, has agreed to put $17.5 million into a fund to settle pending class-action lawsuits and resolve allegations following a cybersecurity incident in 2023. Infosys said that it reached an agreement with the plaintiffs of these lawsuits pending against IMS and a few of its customers….