Hacker stole data from Federal Bank customers

A threat actor has allegedly claimed a breach of Federal Bank, exposing sensitive data of hundreds of thousands of customers.

ThreatMon first reported the breach on X, quickly drawing attention from cybersecurity experts and the public.

Details of the Alleged Breach

The threat actor claims the leaked dataset includes personal details of 637,896 individuals.

The leaked information allegedly includes full names, addresses, birth dates, and various identification numbers such as PAN numbers, passport numbers, and voter IDs. These types of personal data are highly sensitive and can be easily exploited by cybercriminals for identity theft, financial fraud, or even to create fake identities.

Such information can be used to access banking services, apply for loans, or create fraudulent accounts, posing a significant threat to the affected individuals. The breach raises concerns over the security measures in place to protect customer data and highlights the increasing risks associated with data privacy in the digital age.

Federal Bank has not yet confirmed the breach but is currently investigating the claims internally. The bank has enlisted cybersecurity experts to help assess the situation and minimize any potential damage.

In a brief statement, a spokesperson emphasized the bank’s commitment to data security, saying, “We take data security very seriously and are investigating these claims.” They assured the public that updates will be provided as more information becomes available, reflecting their dedication to transparency and customer protection.

If confirmed, this breach could have serious consequences for affected customers, as exposure of such personal information heightens the risk of identity theft and financial fraud. Customers should closely monitor their financial accounts and report any suspicious activity immediately.

Cybersecurity experts recommend changing passwords and enabling two-factor authentication on accounts. Additionally, staying alert to potential scams and phishing attempts can help reduce further risks.