Data breach in Bank of Baroda, core banking systems secure

Bank of Baroda issued its first official statement on Monday following claims by a hacker regarding an alleged 1TB data leak involving customer records and internal documents. The bank clarified that the breach resulted from the compromise of a single employee's email account rather than a direct breach of its primary networks. It reassured customers that its core banking systems were never accessed and remain completely secure.

According to the bank, the security incident was identified promptly, leading to the immediate implementation of containment measures to restrict further unauthorized access. While claims circulated online regarding the exposure of audit reports, compliance records, and customer information, the bank has not confirmed the full extent of the compromised data or validated the hacker's specific claims.

A comprehensive forensic investigation has been initiated by Bank of Baroda to thoroughly examine the incident and determine how the email account was compromised. The financial institution confirmed that it is working closely with relevant regulatory authorities in compliance with applicable requirements. Further details regarding the incident are expected once the official investigation concludes.