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Cyber Incident Victim: Nippon Life India Asset Management

Date:

Apr 2025

Location:

India

Summary

Nippon Life India Asset Management reported a cyber-attack on its IT infrastructure that occurred late last night. Upon detection, the company initiated an investigation, shut down affected systems, and engaged leading cyber security experts to assess the scope and implement remedial measures. The incident was disclosed to the stock exchanges as required under regulatory obligations.

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Description

Late last night, Nippon Life India Asset Management Limited detected a cyber-attack on its IT infrastructure. The company became aware of the incident immediately after the attack occurred. Upon detection, the organization initiated its incident response procedures. The first step taken was to shut down the affected systems to prevent further compromise. This action was performed as part of the immediate containment measures. The company also began an internal investigation to understand the nature and scope of the attack.

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To support the investigation, Nippon Life India Asset Management engaged leading cyber security experts. These experts are assisting in identifying the extent of the issue and any potential data exposure. The investigation aims to determine which systems were impacted and what remedial actions are necessary. Based on the findings, the company will implement remedial measures to restore normal operations. Throughout the process, the organization is providing updates to the stock exchanges as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that it is working diligently to resolve the incident and secure its IT environment.

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