case study (1).pptx

cyber forensic Case study

1. (In august 2018, pune branch) Cyber attack on {cosmos bank}

2. * Background : In one of the biggest cyber attacks on an Indian bank, several cloned debit cards of the cosmos cooperative bank , which has its headquarters in Pune, were used for thousands of ATM transactions from India and 28 other countries in a period of seven hours on august 11,2018

3. While nearly Rs 78 crore was withdrawn in more than 12,000 ATM transactions outside India, another 2,800 transactions were made in different place in India, to the tune of Rs 2.5crore. Further , on august 13, more than RS 13.5 crore was transferred to a Hong Kong-based entity using the society for worldwide interbank telecommunications( SWIFT ) facility. While transaction outside India were done through VISA cards , those in India were done by via Rupay cards , probe has revealed .a total of RS 94crore was siphoned off.

4. * Investigation: A total of Rs 94 crore was siphoned off in this case, which was registered at the Chaturshringi police station under sections 120B, 420, 467, 468, 469, 471, 34 of the Indian Penal Code and relevant sections of the Information Technology Act. Police have arrested 18 people in connection with this case so far. In December 2018, an special investigation team ( SIT ) probing the case filed a 1,700-page chargesheet against nine accused. Later, two supplementary chargesheets were filed against nine other accused. Four persons are wanted in the case, of whom three, identified as Kunal Shukla, Abdul Bhai and Sumer Shaikh, are suspected to be in Dubai, police said

5. Thank you