SecurityWeek reports that India-based IT consulting firm Infosys has agreed to pay $17.5 million to settle half a dozen class action lawsuits against its U.S.-based insurance-focused subsidiary McCamish Systems.The suits were brought after a November 2023 data breach that affected nearly 6.5 million individuals, including thousands of Bank of America and Fidelity Investment Life Insurance customers."All six actions have since been consolidated, and the consolidated class action complaint was filed on November 7, 2024, purportedly on behalf of all persons residing in the United States whose personally identifiable information was compromised in the incident, including all who were sent a notice of the incident," said McCamish in a January filing with the Securities and Exchange Commission.That filing also noted significant remediation of systems impacted by the intrusion by the end of 2023. McCamish also said the settlement deal would resolve all other breach-related cases against its customers.
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