Financial Data of Millions of Customers Exposed in SBI data leak


India’s largest bank, State bank of India has been bogged down in a major contention after the bank had exposed financial information of millions of the customers through an unprotected server.
 
A report from Techcrunch on Wednesday let out that State Bank of India (SBI) failed to seal & secure a key server that was hosting sensitive information of the users in one of its Mumbai installations. This paved a way to the leakage of certain bank details such as bank balance, account number, recent transactions & other key bits of around million users.



The regional Mumbai-based data center is reported to have been storing last two months data from SBI Quick, a SMS & call-based service used for requesting basic information of SBI account by customers of government-owned State Bank of India (SBI).

The issue of SBI database hack was reported by Techcrunch late Wednesday when one of the security researchers happen to trip over one of SBI Mumbai-based data servers. On further examination of this SBI hack, researcher found that he was able to access monetary data of millions of SBI customers without a hitch. He was also able to keep tabs on transaction details in real-time.

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