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The Economic Times
The Economic Times
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BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraud

BSNL Karnataka

The Karnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank after an unauthorised duplicate SIM card enabled fraudsters to siphon over Rs 87 lakh from the bank's account, TOI reports.

The court held BSNL responsible for the negligent issuance of the duplicate SIM, which allowed cybercriminals to gain access to One-Time Passwords (OTPs) linked to the bank's internet banking system and execute a series of unauthorised transactions.

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