Cyber Criminals Transferred Rs 12 Crore From 100 Different Bank Accounts of AP Mahesh Cooperative Urban Bank in Hyderabad
The bank officials lodged a complaint with the police after the fraud came to light during internal verification. A police team visited the main branch of the bank to launch the probe. The team gathered details of the cyber security system of the bank.
Hyderabad, January 24: Cyber criminals hacked the serves of the A.P. Mahesh Cooperative Urban Bank and allegedly transferred over Rs 12 crore to different accounts.
The cyber crime wing of Hyderabad police registered a case and took up investigation on Monday after the bank officials lodged a complaint. Some persons hacked into the servers of the bank and transferred the huge amounts to about 100 different bank accounts.
The bank officials lodged a complaint with the police after the fraud came to light during internal verification. A police team visited the main branch of the bank to launch the probe. The team gathered details of the cyber security system of the bank. Crypto Theft Case: Cyber Fraud Module Transferring Cryptocurrency Into Wallets Of Palestine's Al-Qassam Brigates, Reveals Delhi Police Investigation.
This is said to be first such e-fraud targeting a bank in the city. With its headquarters in Hyderabad, Mahesh Bank has 45 branches across four states. In 2018, hackers had siphoned off Rs 94 crore from Pune-based Cosmos Bank, India's second largest cooperative bank, by cloning thousands of credit cards.
(The above story first appeared on LatestLY on Jan 24, 2022 10:25 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).