The Nippon Mutual Fund website has been since a cyber attack on April 9 | Company Business News

The Nippon Life India Asset Management Ltd website, India’s largest fund by the number of investors, has been down since a cyber attack on April 9 hit the company’s IT infrastructure. When Mint visited the website on April 17, the homepage was accessible, but the sign -up page was not. The company wrote in an exchange operation on April 10: “There was an incident late last night with a cyber attack on our IT infrastructure. Immediately after we became aware of the incident, we took the necessary steps to investigate and respond the incident, including the closure of the systems.” It added: “We work with leading cyber security experts to support our investigation and identify the scope of the issue and take corrective steps where necessary.” “We are surprised that it has been like that for almost a week,” said Amol Joshi, a distributor of mutual fund. “Typically, routine maintenance would occur at midnight.” He added that e -mails from the AMC containing addendums had pdfs sanasters since the incident. Previously, the link contains a link to the addendum or notice on the company’s website. Mint was unable to verify whether any customer data was in the cyber attack. The article will be updated when Nippon Life answers our inquiries. On Thursday, Nippon Life India Asset Management shares rose 3% to close at £ 598. This is 5.5% higher since April 11, the day after the cyber attack. In February, Ransomware Gang Lockbit said it was behind the burglary of another of India’s leading brokerage firms, Motilal Oswal. According to a TechCrunch report, it claimed to have accessed ‘confidential data’. What should investors do? If you invest directly via Nippon’s website, you will not be able to log into your account now. You have access to your funds via the MFU platform or by logging into KFINTECH. For MFU, you must first open an account and get your ‘common account number’. If you invest in the AMC’s funds using third-party apps like Zerodha or Groww, or RTA platforms, you can continue to go through the programs. First published: 17 Apr 2025, 04:19 PM IST