Coforge Faces $11 Million Claim from North American Client Over Data Breach

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|Times of India|9 months ago

Coforge, an Indian IT company, received a notice from a North American client claiming over $11 million for indemnity related to alleged data breaches. The client demands $7.6 million for settlements with some claimants and potentially $4.3 million for unresolved claims. Coforge intends to reject these demands, stating they are not subject to indemnification. The company is in discussions with legal counsel, and as of now, is not involved in any litigation or arbitration.

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