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

The State Bank of India (SBI) disclosed on Wednesday that it had fallen victim to a cyberattack, with 3,897 customer records containing personal information being leaked onto the dark web. The lender revealed that the compromised data included names, mobile numbers, dates of birth, email addresses, residential addresses, brand and customer identifiers, and loan records.

In response to the incident, SBI has enlisted the services of an independent cybersecurity firm to carry out a thorough evaluation and delve into the nature and scope of the data breach. The bank reassured customers in a post on X that their account balances remain unaffected by the incident.

According to SBI, the leaked information is not anticipated to have any significant impact on the bank's fundamental business operations, financial results, or continuity of services. The occurrence of the cyberattack coincides with growing regulatory scrutiny, as India's banking oversight body has been actively encouraging financial institutions to enhance their cybersecurity measures in recent years due to the escalating number of threats targeting the sector.