Bank of America has named Infosys McCamish Systems as a source of a data breach that it said affected 57,028 customers, as per documents submitted to the Maine Attorney General in the US. Infosys McCamish Systems (IMS) is an Infosys' step-down subsidiary. The notification, penned on behalf of Bank of America, describes the breach as an "external system breach (hacking)", while the information acquired has been mentioned as "name or other personal identifier in combination with: social security number".
'Accusations would be flung about his votes being stolen. He'll say dead people were voting from the grave.' Payal Singh Mohanka reports on the mood ahead of the US presidential election.
IT bellwether Infosys Technologies on Thursday said its subsidiary Infosys BPO will acquire US-based McCamish Systems for an initial payment of $38 million (about Rs 176.6 crore).
It would help the PSU transform its banking and insurance operations cross 150,000 post offices in the country.
First acquisition under Sikka's plan of buying technologies for tomorrow
Pravin Rao says firms with revenue of $600-700 millon will be preferred.
