BUSINESS

PNB Denies Claims, Issues a Four Point Clarification Note

Punjab National Bank (PNB) has denied claims made in a cyber security firm’s report that the personal data of the bank’s millions of customers was breached due to a loophole in its system.

According to the report by the cyber security firm Cyberx9, a vulnerability in the server of PNB allegedly exposed the personal and financial information of its about 180 million customers for about seven months. CyberX9 has claimed that the vulnerability provided access to the entire digital banking system of PNB with administrative control.

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