Cyber thieves go phishing, net Rs 16.5 lakh from bizman

A Juhu-based businessman was in for a shock when he found that Rs16.52 lakh had been transferred from his company's account to five different ones in a phishing scam. Puja Changoiwala reports.

A Juhu-based businessman was in for a shock when he found that Rs16.52 lakh had been transferred from his company's account to five different ones in a phishing scam.

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Shishir Sadani, owner of Aarogyam Packaging Solutions Private Limited at Tulsiani Chambers, Nariman Point, claimed that cyber criminals deactivated his SIM card so that he did not receive SMS alerts about the money transfer.

Sadani's firm carries out its financial transactions through a nationalised bank and his mobile number is synced with the account for SMS notifications.

"On March 20, we received an email supposedly from the bank [a phishing trap] saying that we had to update the password. My staff updated it through the link given in the email. The next day, my SIM card was blocked and the money transferred," said Sadani. The businessman registered a complaint with the BKC cyber police station. "No arrests have been made," said Prakash Wadke, inspector, cyber police.