SBI 's Crucial Financial Data of Millions of Customers Prevented from Being Exposed

State bank of India, largest bank in India would have been the latest victim to data leakage revealing crucial data of its customers. However, the issue was timely fixed which helped it in preventing the data loss.

The server, hosted in a Mumbai-based datacenter of SBI which stored data from SBI Quick was left unprotected, giving anyone, who had knowledge on where to look for data mostly hackers, access to two months of SBI Quick data. It would have revealed crucial financial information of millions of users like a bank balance, bank account details, name, contact details, among other things.

SBI Quick is a new service by SBI which involves Banking by giving a Missed Call or sending an SMS with pre-defined keywords to pre-defined mobile numbers which then provide basic information including bank balance to its customers.

In an official statement on Friday State Bank of India noted, "SBI would like to assure all its customers that their data is safe and secure and SBI is fully committed to ensuring this." "Investigation has revealed that there was a misconfiguration or lacuna in their process that arose on January 27 and was subsequently rectified," the statement further added. The bank also revealed and assured it's customers that its servers remain to be secure and that there had been no breach of data.