Bank of Baroda reports cyber-security incident, says no material impact expected
BANKBARODA · price
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Bank of Baroda informed exchanges of a cyber-security incident where an anonymous source claimed access to certain data. The bank activated its incident response and engaged a CERT-In empanelled agency for investigation. Preliminary findings indicate a potential business email compromise with no expected material impact on operations, financials, or business continuity. Core functions remain unaffected. Detailed assessment is ongoing.
No material impact expected on operations or financials. Remedial measures underway. Possible minor reputational concern.