NEW DELHI: The Institute of Chartered Accountants of India (ICAI) has dismissed as “false, baseless and malicious” social media posts alleging breach of records of its members and students, including examination data. The institute said there had been no compromise to its databases and urged stakeholders not to rely on unverified information circulating online.In an official statement, ICAI said the claims had caused concern among students, members and other stakeholders. He clarified that there has been no breach of records “whether alleged or not” and reiterated his commitment to safeguarding institutional data.ICAI urges stakeholders to rely on the official communicationThe institute advised students, members and other stakeholders not to give credence to what it described as false and malicious propaganda on social media platforms. He asked the interested parties to refer only the official communications issued by ICAI for authentic information and updates.
ICAI rejects social media claims of data breach, says student records are safe
The clarification comes amid the circulation of online posts claiming that member records and exam-related data had been compromised. ICAI, however, maintained that the allegations were unverified and baseless.The Institute says there are robust data protection systems in placeAccording to ICAI, it has implemented strong and robust systems to protect different categories of data and continues to maintain high standards of data security. The institute said those safeguards remain in place to protect information related to students, members and exams.ICAI reiterated that there has been no breach of member or student records and appealed to stakeholders to avoid sharing or acting on rumors circulating on social media. The institute stressed that the official announcements remain the only authentic source of information about its functioning and exam-related matters.The clarification is intended to address concerns raised by the circulation of claims and reassure students and members about the security of their records.