SBI data breach exposes customer info; IFF urges RBI to mandate breach notifications
Published 2 d ago3 sourcesEvidence: Reported
State Bank of India (SBI) claims it has individually notified all customers affected by a data breach, after facing criticism for only informing stock exchanges. The scope and cause of the breach remain undisclosed, and the claim of individual notification is unverified. This matters because SBI is India's largest bank, and the incident raises concerns about data security and regulatory compliance in the Indian banking sector.
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