Latest Core Banking System News & Updates

Bhavnagar/Gandhinagar, July 10 (IANS) The Cyber Centre of Excellence of Gujarat Police has arrested three more accused in connection with the hacking of Bhavnagar District Co-operative Bank Ltd., taking the total number of arrests in the case to 10. Investigators allege that the accused helped route proceeds of cyber fraud by arranging bank accounts into which funds generated through the alleged hacking were transferred.The investigation, as of now, has shown that the accused illegally accessed …