Monday, 19 May

Monday, 19 May2025

Star Health Faces CXO Exodus Amid Data Breach Fallout and Cybersecurity Probe

Star Health Faces CXO Exodus Amid Data Breach Fallout and Cybersecurity Probe

Star Health and Allied Insurance is confronting a potential exodus of top executives following a massive data breach affecting over 30 million customers. The breach has led to internal cybersecurity investigations, possible financial penalties up to ₹250 crore, and heightened scrutiny over leadership accountability. Employee attrition is reportedly rising, especially in tier-2 and tier-3 cities, as the company grapples with reputational damage and operational challenges.

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