Mumbai Online Attack: An official stated on Friday that Mumbai police had succeeded in recovering Rs 82.55 lakh that a well-known international school in south Mumbai had lost in a "man in the middle" online attack. An attack known as a "man in the middle" (MITM) happens when an attacker secretly intercepts and transmits messages between two parties that they think are in communication with one another.
“The online fraud took place between February 23 and March 16 when the school started the process to procure material to build a cafeteria. The school gave the contract to a UAE-based firm, which sent its bank details as part of the deal,” the cyber cell official said.
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“An unidentified person created a similar ID and provided details of a US-based bank. Assuming the email was sent from the UAE-based firm, the school transferred Rs 87.26 lakh. Soon the school realised something was amiss and lodged a complaint with the Central Region Cyber police station,” he said.
According to the official, the bank's nodal officer was contacted after a case was filed under the Indian Penal Code and Information Technology Act against an unidentified individual. This action resulted in the recovery of Rs 82.55 lakh.
“Citizens and entities must upgrade their systems for time to time to avoid such attacks. Email IDs etc must be checked and re-checked before such deals are transacted,” he added.