Karwar: In a rare case, The Sirsi Urban Co-operative Bank has lodged a complaint with the district crime police unit against the IDFC First Bank, Bengaluru for its negligence which resulted in the co-op losing Rs four lakhs from its account to hackers.
The Co-op banks on IDFC First Bank, Bengaluru for deposits and on the IDBI, Hubballi for RTGS, NEFT and other fund transfers. After losing Rs four lakhs, the Co-op has said that the IDFC First Bank goofed up and its negligence led to the online fraud.
On May 6, a sum of Rs four lakh was transferred to one Balagopal Tripati, who holds an account in Karur Vysya Bank, New Delhi. This was done by hacking the e-mail account of the Co-op and the bank mandate for this transaction was issued by the IDFC First Bank, Bengaluru. Since the IDFC First Bank had not confirmed with the Co-op about the money transfer, they lodged a complaint against the bank officials, staff and the receiver.
The sources said that though another mandate was raised for the transfer of Rs 30 lakhs by the hackers, IDBI, Hubbali immediately contacted the Co-op officials and confirmed if the transaction must be processed or not. When the Co-op officials informed that they have never sent any proposal, a larger online heist was averted, say the Co-op officials.
