Central Bank of India alleges hackers siphoned off Rs 13.97 crore through financial messaging system
The Central Bank of India filed a police complaint alleging that unknown attackers gained unauthorised access to the Structured Financial Messaging System (SFMS) server used by Indian financial institutions and the RBI. Between October 15–17, 187 unauthorised transfers moved Rs 13.97 crore from the bank's settlement account with the RBI to 36 different recipient accounts. The attackers reportedly accessed the central SFMS server through the bank's own server and exploited the RTGS payment process to route funds. Police registered a case for cheating and personation against unknown persons.
Key points
- Attack exploited SFMS financial messaging system used by Indian banks and RBI
- 187 unauthorised transfers totalling Rs 13.97 crore executed in 3 days
- Funds routed to 36 different accounts; case filed against unknown persons
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