Cyber Fraudsters Hack Server of Bank in Noida, Steal 16.71 Crore
Cyber Fraudsters Hack Server of Bank in Noida, Steal 16.71 Crore
Cyber fraudsters recently allegedly hacked the server of a commercial bank in Noida’s Sector 62 to steal Rs 6.71 crore, said the police. They added that this major breach was accomplished by hacking into the bank’s server and transferring the money to 84 different accounts.
The fraud at Nainital Bank Limited came to light during a routine reconciliation of the bank’s balance sheet. The bank’s IT Manager, Sumit Shrivastava, noticed a discrepancy of Rs 3,60,94,020 in the RTGS (Real Time Gross Settlement) account on June 17 while reviewing the balance sheets.
Following this, Srivastava filed a case with the Noida Cyber Crime Police Station on July 10 under Indian Penal Code sections 420 (cheating and dishonestly inducing delivery of property) and 66C (fraudulent use of electronic signature) and requested assistance from CERT-IN (Indian Computer Emergency Response Team) to investigate the matter.
Station House Officer Umesh Chandra Naithani told the Indian Express that the complaint had been filed on the NCRB portal earlier, but an FIR was registered only on July 10 while he was stationed there.
Additional Commissioner of Police, Cyber Noida, Vivek Ranjan Rai, said that some unidentified men had hacked the bank manager’s login ID and password and transferred the amount to 89 different accounts. “We have formed a special investigation team to look into the matter,” said the ACP.
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