Fedbank Financial Services (Fedfina) has issued a statement addressing claims circulating on social media about a ransomware attack on its IT infrastructure. The company clarified that these claims are baseless and pertain to an old, non-compromising data set from 2022. Following a thorough investigation by the IT team, it was confirmed that the integrity of Fedfina’s systems remains fully intact, and no ransomware attack has occurred.
The company emphasized that its operations are running smoothly, with no impact on customer services. Additionally, Fedfina confirmed that the alleged breach is not connected to its promoter, Federal Bank, and reaffirmed its commitment to transparency in addressing these erroneous reports.
