TCS has been fined $940 million – around Rs. 6300 cr. at current USD to INR levels – for stealing documents belonging to Epic Systems. This includes punitive damages of $700 million, above a regular fine of $240 million. Let’s simplify the case for you: There’s a non-profit healthcare company called Kaiser Permanente (KP), which has 150,000 employees. KP licensed software from Epic, a private company in the US that provided healthcare management systems. Epic has something called “Userweb” which is only available to customers, and where it restricts access to sensitive stuff from people who only “consult” with their customers. KP had TCS helping it test the Epic installation at KP, and had like 1000 employees working on that account TCS people needed to access Epic release documents etc. but didn’t have direct access, so TCS signed a confidentiality agreement with Epic directly, saying they will use any documents from Epic only for use with KP. … (Read On…)
[via Capital Mind]
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