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The study says US legislation on breach notifications does not decrease data breach incidents. A study by researchers from the University of Minnesota and George Mason University has reportedly claimed that US cybersecurity laws on breach notifications have little to no effect on curbing data breach incidents in the country.
India Business News: Bank of America - one of Infosys's key customers - has named Infosys McCamish Systems as the source of a data breach that has affected 57,028 customer
The notification by Bank of America described the nature of the incident as “External system breach (hacking)" that illegally accessed information of 57,028 persons stealing data such as “Name or other personal identifier in combination with: Social Security Number”. Bank of America’s systems were not compromised, it added.
Top American lender Bank of America has named Infosys McCamish Systems (IMS), the US subsidiary of Indian software services giant Infosys, as the source of a data leak owing to a ransomware attack suffered by over 57,000 of its users in November.