Is Lazarus Group Behind Cosmos Bank ATM Heist

lazarus
Pune based co-operative bank was in news because of the ATM heist it witnessed in the second week of August. Hackers targeted 112-year-old Pune...

Cosmos Bank SWIFT Attack from Forensic Angle

swift
Indian Banking sector was shocked when Cosmos Bank admitted to the ATM Heist of $11 Million and SWIFT Attack which caused the loss of...

Effective use of money mules in the cyber attacks on banks

It was reported in the case of cosmos bank investigation that large number of account holders were used to withdraw money from the various...

RFID card would open new avenues for fraudsters in India

Credit Card Frauds in India have evolved a lot. Black Card Forensics which mentioned a significant amount of credit card frauds recently released its...

A critical analysis of Banking Codes and Standards (BCSBI)

bcsbi
The first thought a common Indian gets seeing BCSBI words are? Is this some new subsidiary or part of the SBI group? Sadly, this...

Growing NPA is a boon in disguise for Certified Bank Forensic...

non performing
Non Performing Assets and the provisions for the losses arising out of the non performing assets is taking toll on the share prices of...

Fixed Deposit fraud in Nationalised Banks

Ministry of Finance ordered the forensic audits in cases of the fixed deposit fraud in Dena Bank and Oriental Bank of Commerce. Apart from the...

Equitable Mortgage Frauds in Indian Banks

loans
Loans have become more accessible these days as banks are facilitating equitable mortgage, wherein you can pledge your property documents with the bank and...

Pre-disbursement Due Diligence

Recent headlines around rising Non Performing Assets (NPAs) in India have brought a myriad of challenges faced by banks and financial institutions into the...

Co-operative bank frauds rise to Rs.727 crores

National Bank for Agriculture and Rural Development (NABARD) has pulled up regional rural banks, state and district cooperative banks for substantial rise in value of frauds. Present...