One more arrest in Cosmos Bank cyber fraud case

Press Trust of India  |  Pune 

The Cyber Cell of have arrested one more person in connection with the cyber case in which hackers syphoned off over Rs 94 crore.

With the latest arrest, the number of persons arrested in the case has gone up to 10.

Police identified the accused as Mohanlal Taraji Rathod who runs a medical store in Vishrantwadi area of the city.

"Rathod withdrew around Rs 3.50 lakh fron four to five ATMs in and the investigation has revealed that there were three more people with him who withdrew money," said a

On August 11 and 13 last year, unidentified hackers stole information of the bank's and Rupay card customers by installing a malicious program or 'malware' in the bank's server, attacked the interbank SWIFT system and syphoned off a total of Rs 94 crore.

The hackers attacked the bank's 'switch server' and withdrew Rs 78 crore from various ATMs in 28 countries and another Rs 2.5 crore from ATMs in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 04 2019. 22:35 IST