04 Oct 2018
Mauritius banking group SBM Holdings said on Wednesday that its Indian operations suffered a cyber fraud earlier in the week, and that the bank has potentially lost up to $14 million.
SBM said that no loss had been caused to customers and that the Indian business operations would continue as normal.
– By Shashwat Awasthi and Arathy S Nair, REUTERS, 3 October 2018.
Link to Reuters.
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