Cosmos Bank Cyber Fraud: SIT To Get 'All-Possible-Assistance' From 7 Countries To Nab Culprits
Seven countries including Turkey, Bulgaria, Japan and the United Kingdom have assured the special investigation team (SIT) which is probing the ₹94 crore online theft at Cosmos bank of all “possible help”.
Pune, October 15: Seven countries including Turkey, Bulgaria, Japan and the United Kingdom have assured the special investigation team (SIT) which is probing the Rs 94 crore online theft at Cosmos bank of all “possible help”. According to a report published in Hindustan Times, last month, the SIT, had approached 28 nations through Indian consulates seeking help to nab culprits of the online theft after international links emerged during the investigations.
The Maharashtra government constituted a SIT headed by deputy commissioner (economic offences wing and cyber cell) Jyotipriya Singh to probe the cyber robbery. Singh told Hindustan Times that banks from France, Hong Kong and Latvian countries have also assured of providing assistance to the Pune police's cyber cell to investigate the case. According to the report, the Interpol is also helping the cyber cell to capture the culprits.
The SIT has arrested seven people in connection with the online fraud. The police had arrested all the accused involved from Maharashtra. The police are now carrying out operations to capture suspects from other states. The SIT is reported to have CCTV footage of ATMs where the money was withdrawn.
The Cosmos Co-operative Bank Ltd, one of the oldest cooperative banks in India, had fallen prey to a cyber-attack as the server of its headquarter located in Pune was hacked. Transactions worth Rs 94.42 crore have been carried out in India and Hong Kong. The hackers had attacked the banks' ATM switch server and withdrew a total Rs 78 crore from various ATMs in 28 countries, and another Rs 2.5 crore was taken out within India. In another attack on August 13, hackers again fraudulently transferred Rs 13.92 crore in a Hong Kong-based bank using the proxy SWIFT system.
(The above story first appeared on LatestLY on Oct 15, 2018 08:37 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).