SBI Leak Exposes How Small Breaches Become Big Risks in India
The State Bank of India recently disclosed a breach that, on the surface, looks tiny: fewer than 4,000 customer records exposed from an institution that serves more than half a billion people. But even a “very, very small” leak can produce outsized harm in India’s tightly connected identity ecosystem. The incident spotlights how peripheral systems, third-party handling of KYC materials, and an active underground market for personal data turn limited…