HDFC Life Insurance suffers data breach: What customers must know

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HDFC Life Insurance suffers data breach: What customers must know - Business Standard

Quick Summary:

Without naming specific companies, the regulator stressed that it is “in continuous engagement with the affected insurers to understand the full extent of the breaches and the steps being taken to mitigate risks.

In a statement, Irdai said, “We take data breaches very seriously and will ensure that the policyholders' interests are fully protected.

Allied Insurance also admitted to a data breach and confirmed it had notified stock exchanges, the government, and the Irdai in line with its standard operating procedures.