The State Bank of India (SBI), which currently holds the status of the country’s largest lending institution by assets, has confirmed the initiation of an internal investigation into a reported cyberattack. The incident involves allegations that personal information belonging to the bank’s users may have been exposed.
While details regarding the scope of the incident or the specific nature of the compromised data remain limited, the bank has moved to investigate the situation internally to determine the impact on its systems and customer security. The development highlights the ongoing challenges faced by major financial institutions in maintaining the security of digital infrastructure against unauthorized access.
Source: Finextra
Original article: https://www.finextra.com/newsarticle/48625/indias-largest-bank-hit-by-cyberattack?utm_medium=rssfinextra&utm_source=finextrafeed
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