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Risk and Compliance
Hackers Stole $15Million from Cosmos Bank
Police in India have launched a formal investigation of a malware attack on a Cosmos Bank ATM server that enabled attackers to siphon off US$13.4 million. The hackers cloned the bank’s Visa and Rupay debit cards and used them to siphon cash from ATMs on Aug. 11 and Aug. 13, according to the bank. An investigation...
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