Cosmos Bank recovers Rs 5 cr lost in cyber heist

HT reports the cybercrime cell of the Pune police has returned Rs 8 crore to scores of victims of cyber-crime including cooperative societies. Cosmos Cooperative bank has received Rs 5 crore.

Cosmos Cooperative bank had suffered a major cyber heist attack on its servers.

The cybercrime police is quoted saying a number of institutions including cooperative bodies have lost huge amounts of money in online frauds.

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