Data breach case: US court approves Infosys McCamish's proposed $17.5 million settlement

A US court has granted final approval for Infosys McCamish's $17.5 million settlement in class action lawsuits stemming from a 2023 cybersecurity incident. The settlement resolves all allegations related to the breach, which Bank of America identified as originating from the Infosys subsidiary and affecting over 57,000 customers. The agreement becomes effective if no appeals are filed within 30 days.

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