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Japan's top non-life insurers receive guidance from PPC over data-protection law violations

( May 1, 2025, 01:57 GMT | Official Statement) -- MLex Summary: Japan's four leading casualty insurance companies — Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, Aioi Nissay Dowa Insurance and Sompo Japan Insurance — have each received guidance from the Personal Information Protection Commission to improve their data-management practices. These steps come after it was revealed that unauthorized access to customer data from other companies occurred through joint insurance agencies and seconded employees, and follows orders from the financial regulator. Because these insurers’ breaches of the personal-information protection law persisted for an extended period, the regulator has disclosed its action, and instructed the insurers to submit reports on their compliance and preventive measures by May 30. The statement, in Japanese, is attached. ...

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