Bengaluru cyber fraud: Dr Reddy Lab losses over Rs 2 crore to hackers — How the cyber scam unfolded
Dr Reddy’s Laboratories lost Rs 2.16 crore to fraudsters who infiltrated an email thread and rerouted a payment to a fake account. Hackers impersonated Group Pharmaceuticals officials, leading Dr Reddy’s to transfer funds to a fraudulent bank account. Bengaluru police are investigating, having traced the initial account to Vadodara.
