The record
Written from the 1 report below. Nothing here is unsourced.
- Bank of Baroda has attributed a claimed data leak of about 1 terabyte of sensitive data, reportedly including customer Aadhaar details, on the dark net to a single employee's email account being compromised, not a failure of its core banking infrastructure.
- The bank says its core banking systems were not accessed and customer funds and transactions remain secure.
- It has started a forensic investigation, informed regulators, is working with cyber security agencies, and has filed a claim under its roughly Rs 750 crore cyber insurance programme led by National Insurance, with a per-policy loss limit of about Rs 300 crore.
- The claim is currently logged as a preliminary notice since the forensic probe is ongoing.
What to watch next
- Findings of the ongoing forensic investigation into the breach's scope
- Regulators' stance and any action against the bank
- Progress and eventual payout of the cyber insurance claim
Coverage1
1 report
Indian-language1
All filed from India
Named India · Aadhaar · Bank of Baroda · National Insurance · X
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