<ul data-eligibleForWebStory="false"><li>Infosys' subsidiary, Infosys McCamish Systems, entered into a Stipulation and Consent Order with the State of Vermont Department of Financial Regulation due to alleged violations of the Vermont Security Breach Notice Act.</li><li>Within 30 days of the order, IMS is required to pay an administrative penalty of USD 125,000 without admitting to the alleged violations.</li><li>The order was entered into to resolve the matter without a hearing, defining the terms and conditions agreed upon by the parties.</li><li>In a related incident earlier this year, Infosys had settled six class action lawsuits by agreeing to pay USD 17.5 million into a fund.</li></ul>

McCamish Cyber Incident: Infosys says 'stipulation and consent order' in place

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