Hindustan Times ST (Mumbai)

Cops thwart attempt to siphon firm’s ₹20-L payment

- Jayprakash S Naidu

MUMBAI:THE cyber cell at the BKC police station recently thwarted a man-in-the-middle (MITM) attack made on an agricultur­e trading firm and recovered ₹20 lakh that had been siphoned by the accused.

An MITM attack refers to a cybercrime wherein the attacker hacks into a company’s email account, gathers informatio­n about transactio­ns with other firms, and then poses as one of them in order to siphon the money being transacted between the two

According to police, the complainan­t company, based in the city, had sold sprouts to a client company based in Madhya Pradesh (MP).

On January 17, the city firm emailed the GST invoice to the client and was to receive a payment of ₹20 lakh in return. On January 23, the client made the payment through a bank transfer.

Later that evening, the firm called the client to check on the status of payment. While the client claimed that the money had already been transferre­d, the company said it did not receive the payment.

Realising that it had been duped, the city firm approached the cyber police. “We immediatel­y got in touch with the bank and froze the account to which the money had been transferre­d before it could be withdrawn by the accused,” said an officer from the BKC cyber cell.

Explaining the modus operandi, the officer said, “The

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