State Bank of India Data Breach

[Bapun]

The server, hosted in a regional Mumbai-based datacenter, stored two months of data from SBI Quick, a text message and call-based system used to request basic information about their bank accounts by customers of of the government-owned State Bank of India (SBI), the largest bank in the country and a highly ranked company in the Fortune 500.

But the bank had not protected the server with a password, allowing anyone who knew where to look to access the data on millions of customers’ information.

India’s largest bank SBI leaked account data on millions of customers

 

[Sarkar]

Isn't it overstreched ? They are claiming to read Bal and transaction detailes from server but SMS is itself unencrypted so all data received through SMS can easiy be intercepted anyway

 

[Bapun]

"SBI would like to assure all its customers that their data is safe and secure and SBI is fully committed to ensuring this," the bank said in a statement late on Friday.

SBI Fixes Glitch That May Have Exposed Customer Data