Technology company Microsoft has routinely shared the financial details of Indian bank customers with intelligence agencies in the United States, DNA reported on Tuesday. According to the newspaper, the Reserve Bank of India flagged its concerns on the matter in a risk assessment report it has placed before banks’ audit committees.
The central bank found that the data of customers who have accounts with banks using Microsoft’s Office 365 cloud-based email service could have been shared with the intelligence agencies. The RBI said Microsoft agreed to disclose information on 3,036 occasions between 2014 and 2016 in response to more than 4,000 government requests or legal demand requests for data of Indian customers in the US.
Read more…
Source: Scroll.in