Bureau of Investigation (CBI) on Monday registered a case against an on-site
resource of Yalamanchili Software operations team, which provides the prepaid
Sandeep Kumar Poojary is culpable of hacking a foreign travel card database and
374 unauthorised online transactions involving $1.41 million through three
prepaid cards issued by the State Bank of India (SBI).
yet many suspected to be involved with this case registered under various
provisions of the IPC and the IT Act.
handling the system operations were also provided by Yalamanchili Software…”said SBI, in its complaints.
call actually came up a year ago in February, when Yalamanchili software’s COO
reported the incidence to the bank, expressing that the balance in the prepaid
card system had been modified deceitfully for authorisation of three foreign
travel cards having a place with a solitary client.
authorisation was said to have occurred over online business sites (e-commerce
websites) of four shippers predominantly:
Neteller.com, Entropay, Swiftvoucher and Skrill.com and these exchanges
were carried out from November 8, 2016 to February 12, 2017.
NRI Seawoods branch in Navi Mumbai issued the primary card on November 7, 2016.
Two more add-ons were issued to the user on November 29 and December 7, 2016,
by the same branch.
by the FIR, the merchant transactions came by the means of VISA with the nation
code as Great Britain, and the transaction and billing currency as U.S.
exchanges occurred on the prepaid card system, the balance seemed to have been
modified manually by means of the Oracle Database access; the Yalamanchili
Software Exports told the bank. Post authorisation the settlement transactions
and authorisation alongside the general ledger entry was deleted.
sheet generated on the prepaid card system therefore, did not display any