US client sends Rs 92 crore-plus notice to Indian IT company over hacking claims

Coforge said it has received a notice from a North American client claiming an amount that would go up to more than $11 million (Rs 92 crore). In an exchange filing recently, the Indian IT company said that the customer is claiming indemnity for an amount of $7,597,780 for the in-principle settlements that it has reached with certain arbitration claimants over an alleged data breach.