Infosys unit in US to pay $125,000 penalty in cybersecurity probe

Infosys unit in US to pay $125,000 penalty in cybersecurity probe

Infosys McCamish Systems (IMS) settled with Vermont's Department of Financial Regulation for failing to provide timely information during a cybersecurity incident investigation and delaying notifications to affected parties. IMS will pay a $125,000 penalty without admitting violations. This follows a $17.5 million settlement in March to resolve class-action lawsuits related to the 2023 breach.