http://timesofindia.indiatimes.com/articleshow/72391600.cms
The Times of India
December 5, 2019
PUNE: The prominent jewellery firm, whose 12 bank accounts were hacked in
November this year, used to operate the accounts with the help of the bank
app. Police said the fraudsters siphoned off the money by hacking the app
and changing the password.
“The security of these 12 accounts was compromised by the hackers. They
bugged the e-banking facility and broke the security codes. The fraudsters
then transferred the money to different bank accounts,” Jayram Paygude,
senior police inspector, cybercrime police station, told TOI
Paygude said that the bank accounts where Rs 2.98 crore was transferred by
way of 20 transactions are located within India. “Prima facie, it is
suspected that the accounts were opened by the suspects using fake names
and addresses,” he said.
He said that a team of experts is studying how the security application
and bank account’s security was compromised.
[...]
--
Subscribe to InfoSec News
https://www.infosecnews.org/subscribe-to-infosec-news/
https://twitter.com/infosecnews_
