Cosmos Bank Cyber Attack
Cyber attack on cosmos bank.
Cosmos bank cyber attack. A panel of experts appointed by the un security council has stated that the cyber attacks on pune based cosmos cooperative bank from which hackers allegedly withdrew rs 94 crore from atms in 28 countries was motivated by north korea. The panel was set up to study various un sanctions breached by north korea. Hackers stole over 940 million rupees 135 million in three days from the indian cooperative cosmos bank. Cyber criminals hacked the systems of indias cosmos bank and siphoned off nearly 944 million rupees 135 million through simultaneous withdrawals across 28 countries over the weekend the bank.
Written by sushant kulkarni pune published. Cosmos bank one of the largest indian cooperative banks confirmed it was the victim of a cyberheist over the weekend hackers stole over 940 million rupees 135 million in three days. Experts at securonix have outlined the. How hackers managed to steal 135 million in cosmos bank heist.
The fraudulent transactions were carried out on august 11 and august 13 and the malware attack by the hackers originated in canada cosmos bank chairman milind kale told reporters. Cops hunt for those who cloned cards using stolen data in the first week of december police filed a chargesheet against the nine accused arrested so far. Its report comes nearly seven months after the malware attack on the bank. Over rs 94 crore was siphoned off from pune based cosmos bank by hackers in just two days through a malware attack bank officials have confirmedthe hackers managed to transfer over rs 94 crore through a malware attack on the server of the bank and cloning thousands of the banks visa and rupay debit cards in two days pti quoted a senior official as saying.
The cosmos bank publicly disclosed the attacks in a. An in depth look into the incident reveals how the 112 year old bank may have been swindled out of millions. Cyber criminals hacked the systems of indias cosmos bank and siphoned off nearly 944 million rupees 135 million through simultaneous withdrawals across 28 countries over the weekend the bank. Cosmos bank cyber attack.
The co operative bank said unidentified hackers stole customer information through. December 20 2018 75743 am police have said these accused were the last link of the widespread web that started with stealing of data from the bank in the malware.