Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 crore
An IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual interest, to a Pune-based audit firm that lost close to Rs 79 lakh in a 2015 cyber fraud. The fraud followed the issuance of…
The Economic Times ·