Navi Mumbai police have unearthed a cyber theft case the place a person allegedly hacked into the checking account of an organization and stole Rs 18.74 lakh. In line with a report by information company PTI, the person used SIM card fraud to hack into the account.
In accordance the FIR report, the hackers accessed the financial institution accounts of the corporate by means of the company log-in of a telecommunications providers firm.Cyber Police launched an investigation after the corporate lodged a grievance in September, an official mentioned.
“The investigation revealed that the financial institution account-holder in whose account Rs 18.74 lakh was transferred from the corporate’s account had shared account particulars, together with the ATM pin, chequebook, and cell phone quantity and so forth with a person in West Bengal. Police tracked down the placement of the person, recognized as Noor Islam Sanfui, in 23 Parganas district and nabbed him,” he mentioned.
“On this explicit crime, the person utilizing the real cell phone quantity had obtained an SMS saying his SIM card had been deactivated, however he failed to note. The identical SIM card was discovered energetic within the cell phone of the accused particular person,” the official added.
What’s SIM card fraud that the person used to hack into the checking account.
SIM card fraud, also called SIM swapping or SIM hijacking, is a sort of account takeover fraud that enables criminals to achieve entry to your cellphone quantity and probably your on-line accounts. The fraudsters first collect private details about you. As soon as the fraudsters have sufficient data, they’ll contact your cellular provider and faux to be you. They may report that your cellphone has been misplaced or stolen and request a brand new SIM card with the identical cellphone quantity.
With the brand new SIM card of their possession, the fraudsters can now obtain all of your textual content messages and calls, together with any two-factor authentication codes. This enables them to entry your on-line accounts, reminiscent of your checking account, social media accounts, and e-mail.
As soon as they’ve accessed your accounts, the fraudsters can steal your cash, make unauthorized purchases, or switch funds to their very own accounts. They might additionally use your accounts to commit different crimes, reminiscent of identification theft or fraud.
In accordance the FIR report, the hackers accessed the financial institution accounts of the corporate by means of the company log-in of a telecommunications providers firm.Cyber Police launched an investigation after the corporate lodged a grievance in September, an official mentioned.
“The investigation revealed that the financial institution account-holder in whose account Rs 18.74 lakh was transferred from the corporate’s account had shared account particulars, together with the ATM pin, chequebook, and cell phone quantity and so forth with a person in West Bengal. Police tracked down the placement of the person, recognized as Noor Islam Sanfui, in 23 Parganas district and nabbed him,” he mentioned.
“On this explicit crime, the person utilizing the real cell phone quantity had obtained an SMS saying his SIM card had been deactivated, however he failed to note. The identical SIM card was discovered energetic within the cell phone of the accused particular person,” the official added.
What’s SIM card fraud that the person used to hack into the checking account.
SIM card fraud, also called SIM swapping or SIM hijacking, is a sort of account takeover fraud that enables criminals to achieve entry to your cellphone quantity and probably your on-line accounts. The fraudsters first collect private details about you. As soon as the fraudsters have sufficient data, they’ll contact your cellular provider and faux to be you. They may report that your cellphone has been misplaced or stolen and request a brand new SIM card with the identical cellphone quantity.
With the brand new SIM card of their possession, the fraudsters can now obtain all of your textual content messages and calls, together with any two-factor authentication codes. This enables them to entry your on-line accounts, reminiscent of your checking account, social media accounts, and e-mail.
As soon as they’ve accessed your accounts, the fraudsters can steal your cash, make unauthorized purchases, or switch funds to their very own accounts. They might additionally use your accounts to commit different crimes, reminiscent of identification theft or fraud.