HDFC Life hit by data breach incident, launches probe

HDFC Life Insurance Company, the country’s second-largest private insurer by premium, on Monday reported a data theft incident involving customer information. This marks the second data breach in the insurance sector in recent months, following a large-scale data leak at Star Health & Allied Insurance.

“We wish to inform that we have received communication from an unknown source, who has shared certain data fields of our customers with us, with mala fide intent,” HDFC Life said in an after-market regulatory disclosure.