Infosys' subsidiary, Infosys McCamish Systems, has settled issues with the Vermont Department of Financial Regulation regarding a cyber incident. This settlement, termed a stipulation and consent order, requires IMS to pay a USD 125,000 administrative penalty within 30 days of the Commissioner’s order entry. Previously in March 2025, Infosys indicated that IMS would assist in settling six class action lawsuits linked to a 2023 cyber incident, contributing USD 17.5 million for these issues. The Vermont agreement further aids in resolving the legal challenges associated with cybersecurity breaches.
Infosys' subsidiary, Infosys McCamish Systems, has reached an agreement with the Vermont Department of Financial Regulation to resolve issues related to a cyber incident.
The agreement, known as a stipulation and consent order, obligates IMS to pay a USD 125,000 administrative penalty within 30 days.
In March 2025, Infosys previously communicated that IMS would settle six class action lawsuits related to a 2023 cyber incident with a USD 17.5 million contribution.
The agreement with Vermont's DFR represents another step in resolving ongoing legal matters related to cybersecurity breaches.
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