Bank of Baroda, one of India's largest state-owned banks, announced a cybersecurity incident. The bank stated that an employee's email account was compromised, leading to unauthorized access to specific data. The incident was detected and contained immediately, and the bank confirmed that its core banking systems remained secure and unaffected.
The bank's disclosure follows claims made last week by cybersecurity researchers. An unidentified hacker, operating under the name "leak-king-F," reportedly breached the bank and advertised customer information, corporate banking records, internal emails, loan documents, and audit files for sale on a darknet forum and Telegram channel. The authenticity of this purportedly leaked data has not been independently verified, and Bank of Baroda has not commented on the hacker's specific claims or confirmed any customer data exfiltration.
This incident is part of a series of cyberattacks affecting major financial institutions and companies across Asia. Recently, Thailand's Securities and Exchange Commission initiated an investigation into a data breach at the Thailand Securities Depository (TSD), where hackers claimed to have stolen investor information. The TSD confirmed an investor portal compromise but stated its trading, settlement, and depository systems were not affected.
Earlier this month, the ransomware group World Leaks published files allegedly stolen from contractors working on India's largest nuclear power project. India's state-owned nuclear operator clarified that these documents did not affect plant safety or security and originated from a third-party company. World Leaks also claimed responsibility for an attack on Tata Electronics, a supplier to Apple, Tesla, and Qualcomm, demanding a ransom for confidential engineering documents.
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India's Bank of Baroda confirmed a cybersecurity incident involving a compromised employee email account, which led to unauthorized access to certain data. This confirmation follows claims by a threat actor of having stolen and published sensitive banking data, though the bank stated its core banking systems were unaffected. The incident highlights ongoing cybersecurity challenges for financial institutions in Asia.