SBI data breach claim: Hackers allegedly access 3.75 lakh accounts
State Bank of India is in focus.
· ET Stocks, Economic Times Markets
"The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent of the alleged exposure are inverified. If legitimate, the data could facilitate identity theft, financial fraud, targeted phishing and fraudulent loan applications, the group said.
The analysis
Against that, the stock is +0.3% on the day at ₹962.60, and has returned -7.0% over three months. It sits 22% below its 52-week high. The banks sector has moved -3.1% over the same period, so State Bank of India is running 3.9 points behind its peers.
For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- The company directly in focus is SBIN.
- Sector exposure: Banks, Financial Services.
- The immediate tone of coverage reads negative.
In this story
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