Hackers cloned debit cards over a period of two days and used them to siphon cash over weekend

Synopsis

In August 2018, Cosmos Cooperative Bank Ltd, the second oldest and second biggest cooperative bank in India, experienced a significant cyberattack resulting in the loss of approximately 944 million rupees (equivalent to $13.5 million USD). The attack ...

Companies

  • Cosmos Bank
  • The Cosmos Co-operative Bank Ltd.

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