Bank of America admits data breach after supply chain hack
Infosys McCamish Systems, a subsidiary of Infosys owned by Rishi Sunak's wife's family, experienced a data breach last November. The breach involved an unauthorized third party accessing the company's network and potentially compromising data related to deferred compensation plans serviced by Bank of America. The breach affected over 57,000 people, but Bank of America stated that its systems were not compromised. The incident highlights the vulnerabilities of trusting third parties with customer data and the need for active security measures. Cisco is also expected to undergo significant job cuts.
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