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Nippon Mutual Fund website has been down since a cyberattack on 9 April

In Finance, Data Breach News
April 17, 2025

Mint reports:

The website of Nippon Life India Asset Management Ltd, India’s largest mutual fund by number of investors, has been down since a cyberattack hit the company’s IT infrastructure on 9 April. When Mint visited the website on 17 April, the home page was accessible but the login page was not.

The company wrote in an exchange filing on 10 April, “There has been an incident involving a cyber attack on our IT infrastructure late last night. Immediately upon becoming aware of the incident, we have taken the necessary steps to investigate and respond to the incident, including shutting down affected systems.” 

It added, “We are working with leading cybersecurity experts to support our investigation and identify the extent of the issue and take remedial action as necessary.”

Read more at Mint.