City Union Bank · 2018-02
Group-IB listed City Union Bank in India among Lazarus-attributed SWIFT theft cases and reported a $1.87 million loss in the same financial-sector campaign set that included Banco de Chile, Cosmos Bank, Bank of Valletta, and Punjab National Bank. The evidence ties the incident to North Korea-linked operators using SWIFT access and prepared cash-out schemes against banks rather than a generic fraud case.
Attempted theft of 16.8 USD from City Union Bank using techniques similar to February 2016 attack on · Feb 2018
Annex 21: Suspected DPRK cyber-attacks on financial institutions (including banks and cryptocurrency exchanges) investigated by the Panel. A. Banks. Attempted theft of 16.8 USD from City Union Bank using techniques similar to February 2016 attack on Bangladesh Bank.
City Union Bank · 2018-02
Reported: 2018-02; Victims: City Union Bank; Motivations: FinancialGain; Sectors: Finance; Countries: India