ICICI Bank Denies Cybersecurity Flaws, Protects Customers' Data
ICICI Bank Denies Cybersecurity Flaws, Protects Customers’ Data

ICICI Bank, one of India’s largest private sector banks. It has denied Cybernews’ recent report on ICICI data breach that claims compromised sensitive data of 35 lakh customers. The report suggested that ICICI’s mismanagement led the the storage of users’ personal and financial information “in the cloud and accessible to anyone.”

However, ICICI has rejected the allegations. Bank is calling them “baseless” ICICI data breach claims. Bank has given a warning against publishing malicious news that can damage the bank’s reputation and mislead customers.

The Cybernews report stated that the leaked data comprised names, birth dates, home addresses, email IDs, credit card numbers, passports, PAN card details, bank statements, KYC documents of customers, and resumes of some past and current employees of the bank and job applicants.

ICICI Bank Dismisses ICICI Data Breach Reports

ICICI Bank has dismissed the claims of a data breach. The bank has reiterated that the bank’s data security systems are robust and secure. It has assured its customers that their personal information is safe and secure with the bank, and they need not be concerned about the reports of data breaches.

ICICI has also stressed that it strictly adheres to data protection and privacy laws and takes every possible measure to safeguard its customers’ personal information.

The bank will take legal action against any entity spreading false news related to data breaches. This is an attempt to damage its reputation.

The Growing Threat of Data Breaches

Data breaches have been a growing concern globally and have intensified with the increasing reliance on technology and digital transactions. People rely heavily on online banking, shopping, and other online transactions. These websites store their sensitive personal and financial information on the cloud.

With the rise in cyber threats, organizations must remain vigilant. They must invest in robust data security measures to ensure the safety of customers’ personal and financial information.