HDFC Life Insurance faces data breach, assessing potential impact

HDFC Life Insurance connected Monday said determination person been immoderate instances of information leaks and assessing the imaginable interaction of this breach.

"We person received connection from an chartless source, who has shared definite information fields of our customers with us, with mala fide intent," HDFC Life said successful a regulatory filing.

The institution has initiated an accusation information appraisal and information log analysis, it said.

A elaborate probe is underway successful consultation with accusation information experts to measure the basal origin and instrumentality remedial action, arsenic necessary, it said.

The institution continues to analyse this further to measure the imaginable impact, it said, adding, "We volition instrumentality utmost attraction to grip concerns of our customers and instrumentality actions to safeguard their interest."

Last month, security regulator Irdai directed 2 insurers to transportation retired audits of their IT systems pursuing concerns implicit the caller instances of policyholders' information leaks.

Without naming the insurers, the Insurance Regulatory and Development Authority of India (Irdai) had said it takes information breaches precise earnestly and asserted that it volition proceed to prosecute with the companies to guarantee that the policyholders' interests are afloat protected.

Star Health Insurance had precocious admitted information breach. Tata AIG is different security institution which faced a information leak.

In a release, Irdai had said it is intimately monitoring the concern successful the lawsuit of the acrophobic insurers and has been successful interaction with their management.

Regular updates are being obtained to guarantee that the policyholders' information and interests are afloat protected and the institution is taking each steps to apprehension the menace posed by this breach, the regulator had said.