Update a column value in csv files

Hi all
I am new to scripting and i have an application from which i will export into a csv file as follows

Column1, Column2, Column3
Sno1, Folder\Test.txt, Fail
Sno2, Folder\Test1.txt, Pass
Sno3, Folder\Test2.txt, Fail

Now i need to change the column2 in all the rows from "Folder\"
to "C:\MyApp\Folder\".

Can anyone help me in doing this.

Thanks to all in advance.

sed 's!Folder\\!C\:\\MyApp\\Folder\\!g' infile

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