Bank of Baroda initiates forensic investigation on data breach
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๐ Summary:
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Public-sector lender Bank of Baroda (BoB) has launched a forensic investigation into a data breach that reportedly leaked around one terabyte (1 TB) of critical customer data
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The bank said it is working closely with the relevant authorities in line with applicable regulatory requirements; the leak had surfaced a day earlier through social-media posts
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The incident underscores cybersecurity vulnerabilities in India's banking sector and the systemic risk of large-scale customer-data exposure
๐ฏ UPSC Relevance: GS3 Internal Security โ cyber security, protection of critical information infrastructure, and data protection under the DPDP Act; GS2 โ regulatory oversight of banks.
๐ Prelims Facts:
- Bank of Baroda is a public-sector bank; around 1 TB of data was reportedly leaked
- Data-breach reporting in India is governed by CERT-In directions and the Digital Personal Data Protection (DPDP) Act, 2023
- CERT-In is the national nodal agency for cyber-incident response
๐ Key Term: Forensic investigation (cyber) โ a structured process of identifying, preserving and analysing digital evidence to establish the cause, scope and perpetrators of a security breach.
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