From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Spandana Sphoorty Financial reports cyberattack involving its bank account
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center · 1 outlet
Following the discovery of the incident, the company immediately stopped the affected services in its production environment and informed the concerned bank, seeking reversal of the transactions, freezing of beneficiary accounts and a detailed investigation.
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right · 2 outlets
Spandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approximately 78 million rupees, which was transferred to multiple beneficiary accounts. Upon detection, the company promptly stopped affected services and notified…
RSS excerpt
Transactions totaling about $822,300 were transferred from one of its bank accounts to multiple beneficiary accounts