'Your funds are safe with us': SBI's message to customers after major data breach
State Bank of India (SBI) has assured customers that their funds are secure following a data breach that exposed nearly 4,000 customer records on the dark web. The bank has launched an independent investigation and activated cyber incident response protocols.
Why it matters
Data breaches at major financial institutions pose significant risks to consumer trust and highlight the ongoing vulnerability of banking infrastructure to cyberattacks.
NEW DELHI: State Bank of India (SBI) has informed customers whose data was identified in a recent breach, saying their account balances and funds remain safe."Further to our earlier post regarding the recent cyber incident, the Bank has individually informed all customers whose data was identified as being involved through email and/or WhatsApp. We reiterate that your account balances and funds are safe with us," the bank said in a statement on Friday.The update comes a day after SBI confirmed that a preliminary analysis had identified 3,897 customer records containing personal information among around 3.75 lakh records found on the dark web.The bank said it had activated its cyber incident response protocols and appointed an independent cybersecurity agency to investigate the incident after receiving alerts from its threat intelligence service provider, the Defence Cyber Agency and the Indian Computer Emergency Response Team (CERT-In) on October 16.The records identified in the…
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