HDFC AMC Cyberattack: Court Gags Hackers Over Data Theft

When the IT team at India's largest mutual fund house logged in one morning in mid-May, parts of the network simply would not respond.

HDFC Asset Management Company manages money for millions of Indian investors through a network spanning hundreds of cities.

According to the company's account, the trouble surfaced on May 16, 2026, when an administrator noticed that several critical systems had become inaccessible.

During the investigation, HDFC AMC says it discovered an email from a group claiming responsibility.

The company formally disclosed the incident to the BSE and NSE on May 18, and reported it to regulators and agencies including SEBI and CERT-In, India's national cyber-incident res