Engineering dropout held for trying to hack bank website

According to DCB officials,the accused wanted to set up a clone server to facilitate transfer of funds from the bank and was allegedly being helped by a few students from the Indian Institute of Technology (IIT) Kanpur.

Manish had conducted a detailed ‘vulnerability test’ of the bank’s website,checked traffic flow details and traced the bank’s server at Bandra Kurla Complex in Mumbai. He was reportedly attempting to set up a clone server to facilitate fund transfer,said DCB officials.

“Pandey had come to Ahmedabad in search of a destination account holder,through whose account he could have channelled the cash,and he planned to offer the account holder a commission,” said Patel.

“My target was to make a transfer of Rs 10 crore from the bank so that I could have set up a IIT-JEE coaching institute in Varanasi. I did all this with the help of a few IIT Kanpur students,” Pandey said. The cyber crime wing of the police have requested IIT Kanpur to identify the students who may have helped him.

“The police informed the bank that a particular person had attempted to run a vulnerability scan on the ICICI Bank web servers. The bank officials confirm that its web servers are robust and protected by firewalls and intrusion prevention systems,which ensured that no such attempts were successful,” an ICICI Bank spokesperson said.

The DCB has registered a case under Section 65 and 66 of the Information Technology(IT) Act and Section 420 of the Indian Penal Code.