80 account holders lose Rs 20 lakh to hackers

ajaymailed

In the zone
it is not first time that their security is penetrated .In the past a hacker stole about 4 lakhs from the sbi manager account.Also their websites are regularly targeted by russian hackers .Sometimes they shut them temporarily.
the question is why don't they target HNI accounts and steal tens or even hundreds of crores if security is penetrated.
 

GhorMaanas

The Vagrant Seeker
am facing difficulty to receive a couple of payments transferred from SBI accounts 2-3 days back. not yet credited to my account. could this issue be due to the situation discussed above?
 

ajaymailed

In the zone
am facing difficulty to receive a couple of payments transferred from SBI accounts 2-3 days back. not yet credited to my account. could this issue be due to the situation discussed above?
it should not take 2 to 3 days to transfer money within the country. just enquire regarding that.
 

Desmond

Destroy Erase Improve
Staff member
Admin
This incident highlights a serious issue regarding declining coding standards and poor coding practices among IT service providers. This reminds me of the "NatWest Bank incident", wherein customers fund transfers were left suspended and no one knew what happened to them because of a software glitch. Everyone blames poor coding practices for this.

Perhaps SBI should've outsourced its portal development to more a more reputable company. But, it is the developers responsibility to ensure that all security holes are plugged.
 

GhorMaanas

The Vagrant Seeker
finally one of the payments got credited today! though the other payment still needs to see the light of the day.
 

diagus

Journeyman
is this the news but it says thiefs caught
11-member gang swindles Rs 5 lakh off SBI online account - The New Indian Express
 

Desmond

Destroy Erase Improve
Staff member
Admin
is this the news but it says thiefs caught
11-member gang swindles Rs 5 lakh off SBI online account - The New Indian Express

This one looks like a different news to the one in OP. If these are the same guys, then as stated, phising is to blame.
 

Usui1811

uıɐƃɐ ʇou 'ʇıɥs ɥo
Now thats something which gives bad names to hackers !! Come on dude, when you have brain use it wisely, dont make the poors cry !!
 
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