• Tag results for Cosmos Bank

Banks up the ante to cover cost of cyber attacks

'A sudden rise in frauds of higher magnitude forced us to consider substantially much higher risk cover than the basic banker’s indemnity policy and blanket bond,' said a top public sector banker.

published on : 21st September 2018

Two held in Pune-based Cosmos Bank cyber fraud case

On August 11 and 13, unidentified hackers had stolen information of the bank's VISA and Rupay card customers through malware.

published on : 12th September 2018

Cosmos Bank cyber fraud: Pune Police forms SIT 

The police are getting the transaction details from the bank and the primary focus right now will be to probe the domestic transactions, in which Rs 2.

published on : 16th August 2018

National Payments Council of India blames Cosmos Bank for Malware attacks

The Indian banking industry went in shudders on Tuesday after the Cosmos Bank admitted that it fell victim to an international group of hackers who siphoned off a total of Rs 94.24 crore.

published on : 15th August 2018

15,000 transactions in 2 days, Rs 94 crore siphoned off from Pune-based Cosmos Bank

The hackers had stolen the details of the debit card holders and transferred the money from Cosmos Bank to bank accounts outside India. 

published on : 14th August 2018