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

Hindustan Times ST (Mumbai) - - HTMETRO - 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

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.