For Representation
In its complaint to the TGCSB on the evening of Nov 2, the company said it had asked its partner bank to suspend the compromised channels. Based on the complaint, the TGCSB Headquarters police station registered a case on Monday under Sections 318(4) (cheating) and 319(2) (cheating by personation) of the BNS and Sections 43, 66, 66C and 66D of the Information Technology Act.
“Launch an investigation into the perpetrators’ digital signatures and IP footprints,” the complainant requested. We are also collecting details of the cyber attack and fraud from the complainant,” an investigator said. The police were also requested to issue freeze notices to the recipient banks. “We are analysing the bank transactions to identify the accused.
In an intimation submitted to the BSE and NSE on Nov 2 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, the NBFC said: “The company immediately stopped the affected services in its production environment. The matter has been reported to the bank with a request for reversal of the transactions, freezing of the beneficiary accounts and a detailed investigation.
The company also said it has cyber fraud insurance and is in the process of filing a claim.