A cyber threat actor has claimed to possess approximately 1 terabyte of data allegedly belonging to Bank of Baroda, according to posts by independent cybersecurity researchers and threat intelligence accounts.
The alleged breach reportedly includes sensitive client identification documents, loan papers, and internal audit files.
The development arrives at a critical juncture for the Indian lender, which is preparing to raise up to $1 billion through the issuance of senior unsecured notes.
The bank has not yet issued a public response to the latest claim.
The development arrives at a critical juncture for the Indian lender, which is preparing to raise up to $1 billion through the issuance of senior unsecured notes.
The potential offering aims to bolster the bank's foreign currency funding capabilities, but fresh allegations of data compromise could complicate investor sentiment and increase scrutiny on the institution's operational risk management.
Bank of Baroda previously confirmed it had initiated a forensic investigation after sensitive customer data was leaked online.