Pune, Aug 14: Nearly Rs 95 crore was transferred by unidentified hackers from Cosmos cooperative bank into some foreign-based bank accounts, said reports on Tuesday. Police said the hackers conducted over 12,000 transactions within three days. Bank officials have claimed that account holders need not panic as the money has not been withdrawn from any of the accounts. (Also read: Fake SIM Cards Can be Used to Access One-time Passwords) Also Read - Pune Lockdown: Steps to Apply For e-pass And 7 Mistakes to Avoid

Bank Managing Director Suhas Gokhale told DNA, “We want to assure to all our bank account holders that their money is absolutely safe. Due to the firewall protection, the hackers could not penetrate any of the bank accounts. The money which has been transferred is mostly from the inter-bank settlement accounts. Our internal audit is on to find out the final figure of the amount.” A case was registered with the Chatuhshrungi police station when the fraud came to light on Monday. Cyber cell cops say the hackers cloned the cards of account holders to siphon off the money. (Also read: MHA to Train 27,500 Personnel to Handle Cyber Crimes) Also Read - Flipkart to Ramp Grocery Ops For Contactless Doorstep Delivery

Gokhale told the daily, “The hackers used the malware to hack the system and to clone the card details of banks customers to transfer the amount. On August 11, they cloned debit cards details and performed 12,000 transactions to transfer Rs 78 crore out of India. On the same day, 2,849 transactions were performed within the country in which Rs 2.5 crore was transferred.” Also Read - Top US Fuel Pipeline Shutdown For a Day After Major Cyberattack

“Then, on August 13, they transferred Rs 13.92 crore to a Hong Kong-based bank by initiating a swift transaction. Later in the day, when the bank officials found out about the cyber fraud, the case was registered,” the officer said. A case under Section 43, 65, 66(C) and 66 (D) of the Information Technology Act and relevant sections of Indian Penal Code has been registered and the team of cyber cell of the Pune police is investigating the case.