Ten days after it suffered a major cyber attack involving a loss of Rs 143 crore, the Nariman Point branch of the State Bank of Mauritius (India) on Friday claimed that its loss was limited to Rs 19 crore.

In its complaint lodged with the Economic Offences Wing (EOW) of the Mumbai police on October 5, the Nariman Point branch of the State Bank of Mauritius (SBM India) had said that some fraudsters had hacked the  bank’s servers to access the accounts and transferred the money the tune of Rs 143 crore  to multiple accounts operated from out of India.

In a statement issued here, the SBM India said here on Friday: “A cyber incident took place on Tuesday 2 October 2018 whereby SBM India has been victim of a cyber attack through fraudulent SWIFT payments but the necessary measures have been taken to prevent any further damage. Based on proactive and prompt measures, we have managed to recover around most of the lost amount. As of today, the lost amount is limited to Rs 19 crore which will come down even further post claiming the insurance money”.

Maintaining that not a single customer account had been impacted,  the the SBM India said: “We would like to assure our customers that not a single customer account has been impacted. We are working with the relevant authorities to get to the root of the matter.”

“Cyber-attacks are a concern to every bank today across the globe; as a bank it is our endeavour to ensure system updates on a regular basis. SBM is strongly committed to ensuring that its cybersecurity defenses are at the highest standard. SBM Group remains well capitalised and has ample liquidity to finance its future plans,” the SBM India added.

This the second major cyber attack on a bank located in Maharashtra during the last two months.

It may be recalled that a group of international hackers broke into the servers of the Pune-based Cosmos Co-operative Bank Ltd and siphoned off a staggering Rs 94.42 crore in a short span of seven to eight hours spread over two days.

The miscreants had hacked the payment gateways of the second oldest and largest co-operative bank in the country between 3 pm and 10 pm on August 11 and once again at around 11.30 pm on August 13 and walked away with Rs 94.42 crore through nearly 15,000 ATM transactions.