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Niva Bupa Health Insurance says it is probing claims of customer data leak

In a regulatory filing, Niva Bupa said it is assessing the situation and taking necessary steps to minimise any risks.

February 21, 2025 / 18:11 IST
Niva Bupa Health Insurance says it is probing claims of customer data leak
     
     
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    Niva Bupa Health Insurance on Friday said it is investigating claims of a possible data breach after receiving an anonymous email alleging possession of customer information.

    In a regulatory filing, the company said it is assessing the situation and taking necessary steps to minimise any risks.

    "The Threat Actor, via email, claims to have the customer data of Niva Bupa. As a matter of urgency, we continue to conduct investigations of data leak and implement measures to mitigate the risk," the company stated.

    Niva Bupa did not provide further details on the nature or extent of the alleged breach.

    Meanwhile, shares of Niva Bupa Health Insurance Company Ltd closed 0.78 percent higher at Rs 77.50 on the NSE in February 21 trading session.

    Shares of the company were listed in November 2024.

    Niva Bupa shares list at 6% premium over IPO price in decent stock market debut

    Niva Bupa stock was listed at Rs 78.14 per share on the NSE against the offer price of Rs 74, a premium of 5.59 percent.

    On the BSE, the stock made a debut at Rs 78.50 apiece, a premium off 6.08 percent. It further jumped 9.37 per cent to Rs 80.94. The company's market valuation stood at Rs 14,069.93 crore.

    The Rs 2,200-crore issue had a price band of Rs 70-74 per share.

    The initial public offer of Niva Bupa Health Insurance Company Ltd, formerly Max Bupa Health Insurance Company, got subscribed 1.80 times.

    Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
    Moneycontrol News
    first published: Feb 21, 2025 06:11 pm

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