📷 Image: Wikimedia Commons / DidierTais
Crime
Cyber Criminals Swipe Rs 7.9 Crore from Hyderabad NBFC in One Hour
✍️ INDToday
🗓 08 Nov 2026, 06:03 PM
👁 12
Cyber fraudsters accessed a Hyderabad‑based non‑banking financial company’s systems and transferred Rs 7.9 crore within an hour, according to reports.
Cyber criminals targeting a non‑banking financial company (NBFC) in Hyderabad managed to siphon off approximately Rs 7.9 crore in a matter of sixty minutes. The perpetrators reportedly breached the firm’s digital infrastructure, exploiting vulnerabilities to initiate unauthorized fund transfers.
The rapid loss has prompted the NBFC to alert law‑enforcement agencies and initiate a forensic investigation into the breach. Officials are examining server logs and transaction records to trace the flow of the stolen money and identify the attackers.
Authorities have warned that such cyber‑enabled financial frauds are on the rise, urging financial institutions to strengthen their cybersecurity protocols and conduct regular vulnerability assessments.
The incident underscores the growing threat posed by sophisticated cyber‑crime networks that can inflict massive financial damage in a short span, prompting calls for tighter regulatory oversight of digital security in the sector.
The rapid loss has prompted the NBFC to alert law‑enforcement agencies and initiate a forensic investigation into the breach. Officials are examining server logs and transaction records to trace the flow of the stolen money and identify the attackers.
Authorities have warned that such cyber‑enabled financial frauds are on the rise, urging financial institutions to strengthen their cybersecurity protocols and conduct regular vulnerability assessments.
The incident underscores the growing threat posed by sophisticated cyber‑crime networks that can inflict massive financial damage in a short span, prompting calls for tighter regulatory oversight of digital security in the sector.