SBI assures customers of security after cyberattack incident

State Bank of India, the country's largest lender by assets, has moved to reassure customers following a cyberattack that impacted a portion of its user base. The bank stated that all affected account holders have been informed of the incident through established communication channels.

In a statement addressing the security breach, SBI emphasized that customer account balances remain intact and secure. The bank indicated that its security protocols and safeguards successfully contained the impact of the attack, preventing unauthorized access to funds.

The incident underscores the ongoing cybersecurity challenges faced by India's financial institutions as they handle increasing volumes of digital transactions. SBI did not disclose the precise number of customers affected or provide additional technical details regarding the nature of the cyberattack.

The bank has advised customers to remain vigilant and report any suspicious account activity to its customer service teams immediately. SBI continues to monitor its systems and has assured stakeholders that it is taking comprehensive measures to prevent future security incidents and strengthen its digital infrastructure.