New Delhi, June 4 -- The Insurance Information Bureau of India (IIB) has elevated Krishan Dev Nidumolu as Vice President, Information Security and Data Protection Officer, as the insurance sector sharpens its focus on cybersecurity, privacy and regulatory compliance amid the rollout of the Digital Personal Data Protection Act (DPDPA).
In his expanded role, Nidumolu will oversee information security and privacy for data flowing across more than 60 insurers connected to the bureau, placing him at the centre of India's evolving insurance data governance framework.
The appointment comes at a time when insurers are facing increasing pressure to strengthen cyber resilience and align with emerging data protection requirements under the DPDPA as well as guidelines issued by the Insurance Regulatory and Development Authority of India.
IIB plays a critical role in the country's insurance ecosystem by serving as a central repository and analytics platform for industry data. The organisation said it has been strengthening its security and privacy posture through a Zero Trust architecture, a cybersecurity approach that treats every user, device and data request as potentially untrusted until verified.
Nidumolu's elevation reflects the growing importance of security leadership within institutions that manage large volumes of sensitive policyholder and claims data. Industry experts note that cyber risks facing financial services and insurance organisations have intensified as digital adoption accelerates and regulatory scrutiny increases.
Before assuming the sector-wide leadership position, Nidumolu worked as a systems engineer across global organisations, building expertise in cybersecurity operations, infrastructure management and risk governance. His experience spans both technical security implementation and regulatory compliance, a combination increasingly sought after as enterprises navigate complex privacy and security mandates.
The bureau said the appointment aligns with its broader objective of building a resilient, privacy-first data infrastructure that supports insurers while safeguarding customer information.
The move also underscores a wider trend across India's financial services sector, where organisations are elevating chief information security officers and data protection leaders to more strategic roles. With cyberattacks becoming more sophisticated and data privacy emerging as a board-level concern, security leaders are increasingly expected to balance technology, compliance and business priorities.
As the insurance industry prepares for stricter data governance requirements and greater digital integration, the role of institutions such as IIB is expected to become even more critical in ensuring secure information sharing across the ecosystem.
Published by HT Digital Content Services with permission from TechCircle.