# RBI Says Large Banks Are Secure After Bank of Baroda Breach

2026-08-06T21:30:11+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

RBI Governor Sanjay Malhotra said large banks and regulated entities have strong IT systems, days after a reported cyber breach at Bank of Baroda. Mint reports that about 1 terabyte of customer and internal data may have been exposed after an employee’s email account was compromised. The leaked files reportedly include KYC records, loan documents, account details, audit reports and vigilance records. Bank of Baroda said its core business continued without disruption and that it was assessing the incident. Cyber investigator Ritesh Bhatia, cited by the Economic Times, said PAN, Aadhaar, passport photographs and other identity documents surfaced on the dark web. The RBI governor said banks face new threats and are strengthening security through checks, supervision and remedial action. The regulator had earlier asked banks to review cyber gaps and prepare artificial intelligence governance frameworks. The breach has renewed concern about employee credentials, data theft and fraud using stolen identities and mule accounts.

## Coverage

- ciso.economictimes.indiatimes.com <https://ciso.economictimes.indiatimes.com/news/data-breaches/bob-data-breach-puts-spotlight-on-banking-cybersecurity-as-sensitive-customer-records-surface-on-dark-web/132725840>
- livemint.com <https://www.livemint.com/industry/banking/governor-malhotra-says-it-systems-of-large-banks-strong-rbi-has-regular-supervision-11785935099999.html>
- rediff.com <https://www.rediff.com/business/special/why-bank-frauds-keep-rising/20260807.htm>

Tags: Bank of Baroda, banking fraud, cybersecurity, data breach, RBI
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