SBI’s disclosure of 3,897 customer records on the dark web highlights how data exposure can fuel impersonation, phishing and financial fraud
SBI was alerted to the exposure by external agencies, raising concerns about whether large institutions can detect cyber breaches on their own
AI-powered attacks can exploit weak credentials, insecure APIs and excessive cloud permissions at unprecedented speed and scale
The eMudhra certificate incident shows how compromised digital credentials can undermine trust across websites, financial institutions and digital services
India’s data-protection framework provides for breach notifications, but staggered implementation leaves customers without the full benefit of these safeguards in the interim
Mandatory customer alerts, stronger third-party and cloud security, and tighter controls on AI agents are essential to make digital finance safer