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Asia Pacific Dashboard Digest | Report found Indian bank routinely shared customer data Related reading: OMB to issue government-wide AI risk mitigation directive

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According to a bank document related to the Reserve Bank of India’s risk observation, Microsoft routinely shared customers’ financial information with U.S. intelligence agencies, Zee Business reports. The document, seen by DNA Money, found that this impacted banks that had migrated to Microsoft Office 365 cloud-based email service. While the article states banks were “fully aware” information was shared in this manner, customers may have not been informed. According to the RBI observation, Microsoft had disclosed information on 3,036 occasions after more than 4,000 government requests or legal demand requests for Indian customers in the U.S. between 2014 and 2016.
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