State Bank of India reports cyberattack involving nearly 3,900 customer records

Business Recorder reported on Wednesday that State Bank of India (SBI) had discovered a cyberattack affecting 3,897 customer records, some of which appeared on the dark web. The bank said the exposed files contained personal details, including names, contact information, birth dates and home addresses, as well as customer identifiers and loan records.

SBI has appointed an independent cybersecurity agency to examine the incident and establish how extensive the leak was. It said customers’ account balances were secure and that the breach was not expected to materially disrupt operations, financial results or business continuity. The incident comes as India’s banking regulator has pressed lenders to improve cyber defences amid rising threats to financial institutions.