Cosmos Bank’s server hacked, ₹ 94 crore siphoned off in 2 days
Hackers cloned Cosmos Bank debit cards, those of Visa and Rupay over a period of two days and used them to siphon cash on 11 and 13 August
Pune: Hackers managed to transfer over ₹ 94 crore through a malware attack on the server of Pune-based Cosmos Bank and cloning thousands of the bank’s debit cards over a period of two days, a senior bank official said. The fraudulent transactions were carried out on 11 August and 13 August through 25 ATMs located in Canada, Hong Kong and a few in India. The Cosmos bank debit cards that were cloned were of Visa and Rupay.