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India’s Cosmos Bank hit by $13.4m fraud

India’s Cosmos Co-operative Bank (Cosmos Bank) has lost INR940m ($13.4m) to cyber attacks conducted over two days. The attack is reported within days of FBI …

TSB faces fresh IT outage

UK-based retail and commercial bank TSB has been hit with fresh IT outage as customers complained that they are unable to access online banking services …

India’s IDBI Bank reports $119m fraud

India’s state-owned lender IDBI Bank has disclosed that its five branches in the southern states of Andhra Pradesh and Telangana have disbursed fraudulent loans of …

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