Another Maharashtra-based UCB hacked

Times of India reports hackers have walked off with Rs. 68 lakh from a Maharashtra based co-operative bank. The newspaper fails to mention the name of the UCB.

The criminals are supposed to have gained access to the bank’s fraudsters first gained access to the bank’s Immediate Payment System and National Electronic Fund Transfer, The amount was transferred into 34 accounts in several states.

The three suspects working in a finance company in Jharkhand have been taken into custody.

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