Cybersecurity incident
Date: 2018-10-02 00:00:00
Affected organization: SBM Holdings (State Bank of Mauritius India)
Affected country: India
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: Mauritius banking group SBM Holdings unveils that its Indian operations suffered a cyber fraud earlier in the week, and that the bank has potentially lost up to $14 million worth. The bank is able to recover $10 million.