SBI weighs data leak impact and alerts its cyber insurer
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
SBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, people familiar with the matter told ET. "SBI is in the process of notifying the insurer about the claim," said a person aware of the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA suspected customer data leak at an Indian bank, with possible reputational impact.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01SBI may claim under a Rs 1,425 crore cyber insurance policy.
- 02The bank is notifying insurer Oriental Insurance.
- 03The customer data leak is currently only suspected.