Star Health Insurance experienced a massive data breach involving around 7 TB of highly sensitive information. The point of contention is the allegation that the data was purchased from the company’s Chief Information Security Officer, Amarjeet Khanuja. Statements from multiple security researchers point to inconsistencies in the claims including false email screenshots and a potential impersonation attack by insider traders. CISOs are recommending a range of stronger security measures to prevent future breaches.

Nearly 700,000 customers impacted after insider attack at US fintech firm
FinWise, which provides loans on behalf of US financial services firms, revealed a former employee accessed sensitive customer information after leaving the firm.