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