Indias Max Financial says hacker accessed customer data from its insurance unit TechCrunch

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ppPostedppMax Financial Services on Wednesday said its insurance subsidiary Axis Max Life Insurance received communication from an anonymous sender about unauthorized access to its customer datappWithout disclosing specifics the Noidabased financial services company said in its stock exchange filing that Axis Max Life Insurance subsequently initiated an information security assessment and data log analysisppA detailed investigation is also underway in consultation with information security experts to assess the root cause of the incident and take remedial action as necessary the company saidppAxis Max Life Insurance is the fifthlargest insurer in India with a sum assured of 219 trillion approximately 256 billion and assets under management of 175 trillion 20 billion as per the data disclosed in its latest annual report ppTechCrunch has reached out to Axis Max Life Insurance and will update when the company respondsppDo you have more information about the incident From a nonwork device you can contact Jagmeet Singh securely on Signal at 44 7441 426266 or via Telegram JagmeetS13 or emailppTopicsppFrom seed to Series C and beyond founders and VCs of all stages are heading to Boston Be part of the conversation Save up to 425 now and tap into powerful takeaways peer insights and gamechanging connectionsppSubscribe for the industrys biggest tech newsppEvery weekday and Sunday you can get the best of TechCrunchs coverageppTechCrunchs AI experts cover the latest news in the fastmoving fieldppEvery Monday gets you up to speed on the latest advances in aerospaceppStartups are the core of TechCrunch so get our best coverage delivered weeklyppBy submitting your email you agree to our Terms and Privacy Noticepp 2025 TechCrunch Media LLCp