Pune: Company loses Rs 15 lakh from bank account, police suspect hack
Pimpri-Chinchwad Police are investigating a suspected cyber attack after Rs 15 lakh was embezzled from an engineering company’s bank account in less than five hours after a payee was fraudulently added and the transaction limit of the account was increased by an alleged hack.
A first information report (FIR) in the case was filed on Saturday at the MIDC police station in Bhosari by a senior company official. According to her, between 8 p.m. on June 30 and 12:30 a.m. on July 1, six transactions were made from the company’s account held at a Bhosari-based branch of a major private sector bank.
According to the FIR, in the first four transactions, Rs 7.5 lakh was transferred to an unknown account. Later, in two more transactions, Rs 7.5 lakh was lost. Company officials approached police after seeing the transactions.
An officer from Bhosari MIDC Police Station said: “According to the FIR, Rs 15 lakh was diverted from the account in six transfers. A main investigation suggests that suspected cyber attackers fraudulently added a beneficiary to the account and also increased the transaction limit by Rs 2 lakh. We suspect the cybercriminals executed the hacking attack, possibly by cloning the SIM card linked to the bank account.
The officer added: “We have launched an investigation into the various aspects including the bank account used by the cyber criminals. We are contacting the bank for the investigation.