Published On: Aug 14, 2018
Cosmos Cooperative Bank became latest victim of cyber fraud, as hackers broke into the accounts of the bank and stole Rs 94 crore. The bank said that their switching system targeted by the cyber fraudsters through a malware on their debit card payment system. The bank has said to have appointed an agency to probe the malware attack on the switching system. The bank also said that no customer account has been hacked and the money was stolen from the accounts through 12,000 transactions.