Hackers compromised the Cosmos Bank server and allegedly transferred over Rs 94 crore between August 11 and August 13. The Cosmos Bank is the oldest and second largest bank in India, it was established in 1906. Hackers have stolen the details of multiple Visa and Rupay debit card owners to create fake cards. The bank closed all of its servers and net banking services as a safety measure now the bank has closed its servers. The SWIFT platform used by Financial institutions to secure communication and to transfer instruction via the standardized system of codes.”]

