Police step up investigation into Mahesh Bank server hack
The Hindu
Close to ₹ 12.50 crore transferred to more than 100 bank accounts
Hyderabad city police’s cyber crime officials have stepped up investigation into Tuesday’s hacking of servers of A.P. Mahesh Co-operative Urban Bank Limited.
The incident, police had said, was reported at around 12 noon after bank officials noticed unauthorised access and close to ₹ 12.50 crore were transferred to more than 100 bank accounts, in Telangana and outside. The police has already frozen close to ₹ 2.5 crore of the total value of the fraudulent transactions.
It is learnt that the breach in security protocols was achieved through the bank’s main server and by targeting its three specific bank accounts.
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