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Indias Cosmos Cooperative Bank In Hot Water After Online Theft

Indias Cosmos Cooperative Bank In hot water after online theft of 94.42 Crore due to a cyber attack. Cybercriminals successfully transferred the money using a cloned debit cards of the bank’s depositors between August 11 and 13, 2018. The bank is one of the oldest cooperative banks in India, as an aftermath all of their ATMs in India were deliberately taken offline to prevent further unauthorized withdrawals. The Reserve Bank of India has directed Indian banks to remove Windows XP and other obsolete software from their ATM fleet.”]

Source: https://hackercombat.com/indias-cosmos-cooperative-bank-in-hot-water-after-online-theft/

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