$17.5M Settlement for Infosys McCamish Systems Data Breach Impacts 3.7M

A recent class action lawsuit settlement has opened an opportunity for over 3.7 million Americans affected by a data breach involving Infosys McCamish Systems, a technology provider serving more than 40 insurance companies with cloud computing and AI tools. The breach, which occurred between October 29 and November 2, 2023, exposed sensitive personal information including Social Security numbers, financial account details, and medical information from retirement and life insurance software platforms. Infosys McCamish Systems agreed to a $17.5 million settlement without admitting wrongdoing. To qualify for a portion of the settlement, affected individuals must have received a data breach notice containing a Class Member ID and file a claim by December 1, 2025. Those with documented losses such as identity theft or unreimbursed fraud expenses may receive up to $6,000, along with two years of free credit monitoring services. Individuals without documented losses can expect smaller distributions, averaging around $30. This settlement underscores growing regulatory and legal scrutiny on cybersecurity practices within the insurance technology sector, highlighting the importance of safeguarding consumer data. The final approval hearing is scheduled for December 18, 2025, with disbursements anticipated in early 2026. The case illustrates how class action mechanisms offer collective remedies for large groups impacted by data breaches, often resulting in settlements that include compensation and additional protective services. Affected consumers who have not received a Class Member ID are advised to contact the settlement administrator promptly via the designated website or phone line. Failure to submit claims by the specified deadline will forfeit potential compensation. This development comes amid other significant settlements with high payouts related to consumer data and services, emphasizing the evolving landscape of data breach litigation and remediation opportunities within the U.S. insurance and tech markets.