TGCSB prevents Rs 1.95 cr cyber fraud attempt in Hyderabad

Hyderabad, March 14 -- The Telangana Cyber Security Bureau (TGCSB) successfully prevented a cyber fraud attempt amounting to Rs 1.95 crore in Hyderabad.

On March 13, at 1451 hours, TGCSB received a complaint regarding a suspicious financial transaction.

An accounts officer at a company had earlier received a WhatsApp message from an unknown number displaying the profile picture of the company's Chairman and Managing Director (CMD). The sender, impersonating the CMD, claimed it was regarding a new project and requested an advance payment of Rs 1.95 crore to a specified account.

Assuming the request to be genuine, the officer transferred the amount at 1302 hours.

Shortly afterward, the real CMD received a bank notification about the tran...