State Bank of Mauritius Cyber Fraud Case: Rs 143 Crore Looted by Hackers From Nariman Point, Mumbai Branch
Image used for representational purpose | (Photo Credits: PTI)

Mumbai, October 12: In a shocking case of cyber fraud, hackers have looted Rs 143 crore from the Nariman Point branch of State Bank of Mauritius in Mumbai. According to a Mumbai Mirror report, the complaint was filed on October 5, and fraudsters hacked the bank’s servers to access the accounts and transferred the money to multiple accounts operated from out of India. No arrests have been made with regards to the case. Bank officials have refused to comment on the matter and investigation is currently going on find if any insider is involved in the matter. Cosmos Bank Pune Server Hacked, Over Rs 94 Crore Allegedly Looted by Hackers.

This is reportedly the third incident of such bank fraud in the last nine months, after one of City Union Bank’s branches in Chennai lost Rs 34 crore in February, and Rs 94 crore were syphoned from the Cosmos Bank’s Pune headquarters in August. In August this year, the Cosmos Co-operative Bank Ltd, one of the oldest cooperative banks in India, has fallen a prey to a suspected cyber-attack.

The server was hacked on August 11 and around Rs 78 crore was transferred out of the country. A transaction of Rs 2.5 crore was done in India through National Payments Corporation of India (NPCI) and VISA. On August 13, the server was hacked again and Rs 14 crore was transferred through Swift transaction to the account of ALM trading limited at Hang Seng Bank in Hong Kong, reports informed.