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VERIFIEDET Finance·neutral

Bank of Baroda claims cyber cover after data breach

AI Summary
  • ·Bank of Baroda has filed a preliminary claim under its cyber insurance policy following a suspected data breach.
  • ·Approximately 1 TB of customer data was reportedly exposed on the darknet.
  • ·The claim has been lodged with lead insurer National Insurance Company, and forensic investigations are ongoing.
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