Data breach exposes 273,000 Indian bank records from NACH system
Cybersecurity firm UpGuard has reported a significant data breach involving an unsecured Amazon S3 cloud server, which has exposed 273,000 sensitive PDF documents related to India"s National Automated Clearing House (NACH) system. The breach affects customers of 38 financial institutions, revealing account numbers, transaction details, and personal contact information.
The data leak was discovered in late August, with the exposed files primarily consisting of mandates for salary transfers, loan repayments, and utility bills. These documents were publicly accessible before being secured. The National Payments Corporation of India (NPCI), which oversees the NACH system, has denied any compromise of its systems. NPCI stated that a thorough review found no evidence of data originating from its infrastructure.
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