Aflac Life Insurance Japan has experienced a significant data breach that compromised the personal information of approximately 4.38 million customers, including some bank account details. The incident has prompted calls for affected policyholders to monitor their accounts for suspicious activity.
The financial watchdog has ordered Aflac Japan to report on the cause of the breach and the measures it will take to prevent future incidents. Aflac holds a substantial market share in Japan's cancer and medical insurance sectors, with a total of 13.5 million policyholders.
The breach highlights growing cybersecurity concerns within the insurance industry in Asia, particularly for companies managing sensitive health and financial data.
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