HDFC Asset Management Company reported a cybersecurity incident after an anonymous claim of access to parts of its IT systems on May 16. It activated containment measures and hired experts for assessment. Operations remain unaffected with no material impact confirmed yet. Shares fell after disclosure, amid broader SEBI warnings on cyber risks.
New Delhi: HDFC Asset Management Company on Monday said it experienced a cybersecurity incident after receiving a communication from an anonymous source claiming access to certain portions of its IT infrastructure, according to an exchange filing.
The HDFC Bank-backed firm said the incident occurred on May 16, following which it immediately activated necessary containment and incident response protocols to mitigate potential risks.
HDFC AMC said it has engaged a specialist cybersecurity firm to conduct a detailed assessment of the possible impact of the incident.
“While the detailed assessment is ongoing, based on the initial assessment, the incident is unlikely to affect the continuity of our business and operations and there doesn’t appear to be any material impact on the company’s operations,” the asset manager said in the filing.
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