EXPLORINEER
en

Archive — US — techcrunch

Thousands of Indian bank transfer records found online

A data spill from an unsecured cloud server has exposed 273,000 sensitive bank transfer documents belonging to Indian customers, revealing account numbers and transaction details linked to 38 banks. Discovered by UpGuard in August, the incident highlights risks from misconfigurations and human error, raising concerns over accountability as no institutions have accepted blame for the lapse.

Key points

  • A cybersecurity breach occurred due to an unsecured cloud server hosted by Amazon.
  • UpGuard discovered 273,000 sensitive bank transfer documents in August.
  • The exposed documents contained personal account information and transaction details.
  • At least 38 banks and financial institutions were linked to the exposed data.
  • Misconfigurations and human error are likely causes of the data exposure.
  • UpGuard notified affected entities, including Aye Finance and NPCI, but accountability for the lapse remains unclear.
  • After alerts, data was secured, but daily additions of new files were noted.

Why it matters

  • The prevalence of data leaks highlights ongoing issues within the cybersecurity landscape.
  • The incident parallels increasing concerns over cloud security and data privacy in 2025 IT trends.
  • It's a reminder of previous data breaches, reinforcing the need for stronger security measures and regulations.

This data spill underscores the critical need for improved cybersecurity practices in financial institutions, as accountability remains elusive and vulnerabilities persist in the digital age.