CASE STUDY ON

Andheri-based co-operative bank server

hacked, Rs 97 lakh siphoned

The server of one of the representatives working in a co-

employable bank in Andheri was reportedly hacked by an
obscure blamed after which an all out Rs 97 lakh were
siphoned. The occurrence which occurred on last Thursday was
accounted for to the Amboli Police on Saturday by senior bank
authorities asserting that subsequent to getting hoodwinked,
the cash was exchanged to various financial balances in New
Delhi, Rajasthan and inside city.

As indicated by the Amboli Police, the blamed hacked into the

servers for one of the representatives working with the bank,
who was in charge of dispatching the cash into the electronic
cash exchange installment frameworks. At the same time, the
secret phrase and other vital subtleties of the server were
hacked by the denounced after which the said sum was
siphoned and around six to seven exchanges were accounted
for inside two days after the cash was removed. The bank
authorities have asserted that they had gotten arranged data of
the exchanges and dependent on that they came to think about
where the exchanges were made.

"Among the distinctive exchanges made till now, one such was
seeing Rs 20 lakhs and when we came to think about it, we
solidified the record and made vital test. Around seven such
exchanges have gone as far as anyone is concerned produced
using distinctive financial balances of branches arranged in
New Delhi, Rajasthan and a few pieces of Mumbai. We are
directing an important investigation into the issue and are
likewise co-working with the police for the examination.
Important reviews are being done and further subtleties will be
featured once the reports are out. We understand the
significance of digital security particularly with regards to
banking framework. Starting at now, no client accounts has
been influenced by the demonstration and we guarantee all out
security to all record holders." said a senior bank official while
addressing DNA.

"We have gotten a few leads and the test is in progress. We

don't associate contribution with some other digital assault like
phishing, man in the center assault or anything all things
considered. The digital cell is leading vital examination for the
situation and scan for the charged is on." said a cop from
Amboli police headquarters.

SOURCE- https://www.dnaindia.com/mumbai/report-andheri-
based-co-operative-bank-server-hacked-rs-97-lakh-siphoned-
2671696

SUBMITTED BY-

NANCY DHANUKA

BCA

2ND SEMESTER