India-based IT consulting giant, Infosys, has faced legal challenges due to a data breach in its U.S. subsidiary, McCamish Systems, during November 2023. This breach, which compromised the personal information of approximately 6.5 million individuals, affected customers of Bank of America and Fidelity Investment Life Insurance. A consolidated class action lawsuit was filed, claiming representation of all U.S. residents whose data was exposed. Infosys has agreed to a settle the matter with a $17.5 million payment, which aims to cover remediation efforts and legal claims, appeasing the affected customers and potentially mitigating further financial and reputational damage.
Source: https://www.scworld.com/brief/infosys-to-resolve-breach-probe-with-17-5m-settlement
"id": "inf749032025",
"linkid": "infosys",
"type": "Breach",
"date": "3/2025",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"