Summary of this episodeIn this episode, Kanishka and Udara discuss the recent data breaches in Sri Lanka, focusing on the significant incident involving Cargills Bank. They explore the implications of these breaches on user trust, the importance of organisations' transparency, and the need for better cybersecurity practices. The conversation highlights past breaches, the scale of the Cargills Bank incident, and the public's response to handling such sensitive information.Takeaways• The Cargills Bank data breach is the largest in Sri Lanka's history.• Transparency in handling data breaches is crucial for user trust.• Past incidents like PayHere set a precedent for awareness.• Data breaches can expose sensitive personal information.• Public response can pressure organisations to act responsibly.• Cybersecurity measures must be prioritised by banks.• Users should be aware of the risks associated with online banking.• Organisations need to acknowledge and learn from breaches.• The scale of data breaches is increasing globally.• Trust is essential in the banking sector, and breaches can damage it.Bank's Statement: https://readme.lk/cargills-data-breach-bank-warned-of-security-lapses-in-2024/Dinidu de Alwis's Findings with this incident: https://x.com/dinidu/status/1909156177805533363

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