Fraud Transactions

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Fraud Transactions - Total results - 3
Cosmos Bank's server hacked, Rs 94 crore siphoned off in 2 days; thousands of debit card cloned
Business

Cosmos Bank's server hacked, Rs 94 crore siphoned off in 2 days; thousands of debit card cloned

As a precautionary measure, Cosmos Bank has closed ATMs operations and suspended net and mobile banking facilities,

SWIFT launches new tools to spot fraudulent messages between banks
News & Analysis

SWIFT launches new tools to spot fraudulent messages between banks

Interbank messaging service SWIFT, which is used to transfer trillions of dollars between banks every day, will launch a new tool to spot fraudulent messages, seeking to restore trust in the system after millions of dollars were stolen in cyber raids.

Bank's UPI app glitches led to fraudulent transactions, says NPCI and iSpirt, following BoM complaint
News & Analysis

Bank's UPI app glitches led to fraudulent transactions, says NPCI and iSpirt, following BoM complaint

National Payments Corporation of India (NPCI) and iSpirt have come together to put out a joint statement pertaining to the security aspect of unified payments interface (UPI)