Infosys subsidiary hit by cyber security attack

Infosys has announced that its US unit, Infosys McCamish Systems, was impacted by a cyber security event, resulting in the non-availability of certain applications and systems.
The IT services major said it is working with a cyber security company to resolve the issue and that it had launched an investigation to identify the potential impact on systems and data.

‘’Data protection and cybersecurity are of utmost importance to us. We are working with a leading cybersecurity products provider to resolve this at the earliest and have also launched an independent investigation with them to identify potential impact on systems and data,” said Infosys in a regulatory filing to the stock exchanges. Infosys McCamish Systems (“IMS”) is a subsidiary of Infosys BPM Limited (a wholly owned subsidiary of Infosys Limited).

Meanwhile, Infosys on Friday also announced a new proximity centre in Sofia, Bulgaria as part of its continued growth in Europe. In line with Infosys’ strategy to amplify human potential by hiring local talent, the new centre will enable Infosys to attract, re-skill, and up-skill 500 new employees, the company said in a statement.

In the next four years, the new employees will work on global opportunities around next-gen digital technologies in IoT, 5G and software engineering. Earlier this month, the second largest software services exporter announced its earnings for the second quarter of FY24. The company’s net profit rose 3.17 per cent to ₹6,212 crore, compared to ₹6,012 crore in the corresponding period last year.

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