Cyber Fraudsters Hack Noida Bank Server, Steal ₹16.71 Crore

In a major cyber fraud case, hackers allegedly breached the server of a commercial bank in Noida’s Sector 62, siphoning off ₹16.71 crore. According to police reports, the fraudsters infiltrated the bank’s system and transferred the stolen funds into 89 different accounts.

The breach was detected at Nainital Bank Limited during a routine reconciliation of its balance sheet. The bank’s IT Manager, Sumit Shrivastava, discovered a discrepancy of ₹3.60 crore in the RTGS (Real-Time Gross Settlement) account on June 17 while reviewing financial records.

Following the discovery, Srivastava filed a formal complaint at the Noida Cyber Crime Police Station on July 10. The case was registered under Indian Penal Code sections 420 (cheating and fraud) and 66C (fraudulent use of electronic signatures). The matter has also been escalated to CERT-IN (Indian Computer Emergency Response Team) for further investigation.

Station House Officer Umesh Chandra Naithani confirmed that while the case had been initially reported on the NCRB portal, an FIR was officially filed on July 10.

Additional Commissioner of Police, Cyber Noida, Vivek Ranjan Rai, stated that the hackers had accessed the bank manager’s login ID and password to execute the transactions. “A special investigation team has been formed to probe the case,” he added.