Co-op bank's email hacked, Rs 95 lakh looted

BENGALURU: A non-public co-operative financial institution has alleged that tech-savvy criminals hacked into its legitimate electronic mail ID and siphoned off Rs 95 lakh in two transactions on May 28 and 29 from their account at IDBI Bank.


Cybercrime police of the Criminal Investigation Department have filed a case in opposition to unknown individuals in response to a criticism filed via T L Hanumantharaya, chief govt officer, Sri Sudha Co-Operative Bank Ltd.


Police mentioned the financial institution maintained a present account at IDBI Bank's JP Nagar branch and communicated with its banker via electronic mail ID sudhabank@vsnl.internet for on-line transactions. The co-operative financial institution not too long ago, via it electronic mail ID to IDBI Bank, had mandated the transfer of Rs 1 crore. But unknown individuals hacked the e-mail, altered the mandate in their favour and initiated RTGS for Rs 50 lakh to BOI, Noida branch, within the identify of 'Khan Enterprises'. A similar transaction was once made for Rs 45 lakh to Kotak Mahindra Bank, Gurgaon Branch within the identify of 'Riya Enterprises', police mentioned.


Police mentioned they'll crack the case soon via tracking the beneficiary accounts.


Co-op bank's email hacked, Rs 95 lakh looted Co-op bank's email hacked, Rs 95 lakh looted Reviewed by Kailash on June 05, 2018 Rating: 5
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