Cyber Criminals Cleaned Out ₹ 16.5 Crore from Bank
A major cyber theft over ₹ 16 crore was washed out of Nainital Bank's Noida branch after its servers were hacked and money was transferred to 89 different accounts.
Cybercriminals
entered the bank's Real Time Gross Settlement, or RTGS, channel by hacking the
manager's login credentials and wiped out ₹ 16.5 crore.
The bank’s IT
manager went to the cybercrime police station and filed a complaint. The
balance sheet was being tallied for June when the heist was noticed.
On June 17,
the balance sheet was found short of ₹ 3,60,94,020 during a regular
audit of the RTGS, the complaint said, adding that the fraud was revealed when
they could not match the balance sheet for several days.
A case has been registered by the manager of the Nainital Bank. He said that about ₹ 16.5 crore was withdrawn by hacking the manager's credentials and the bank's server. This happened between June 16 and June 20. The money was transferred to 89 accounts.
