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Fraudsters use customer’s cell phone to hack Himachal co-op bank server, steal Rs 11.55 crore

A zero FIR was filed with the Sadar police station in Shimla by the bank’s Chief Information Security Officer.

Bank FraudFraudsters allegedly withdrew Rs 11.55 crore from the Himachal Pradesh State Cooperative Bank on Saturday. (File)

FRAUDSTERS ALLEGEDLY used a customer’s mobile phone to hack the Himachal Pradesh State Cooperative Bank server and withdrew Rs 11.55 crore, officials said on Saturday. The money was transferred to 20 accounts using NEFT and RTGS channels.

The transactions were done on May 11–12 but, due to May 13 being a holiday, the matter came to light on May 14 after the bank authorities received the Reserve Bank of India (RBI) transaction report.

A zero FIR was filed with the Sadar police station in Shimla by the bank’s Chief Information Security Officer and the case was transferred to the Cyber Police Station.

The fraudsters allegedly hacked the server through a mobile phone application of a customer, who holds an account at the bank’s Hatli branch in Chamba district. The case has been transferred to the police’s cyber crime branch.

Though sources said that through the compromised device, the culprits accessed the HimPaisa mobile application and entered the bank’s server, Cooperative Bank’s Managing Director Sharwan Manta said fraudsters hacked the internet banking system of the bank.

“We have identified the banks wherein the siphoned money was transferred and blocked all the accounts in which money was transferred from our bank. Our money was cyber secured and fully insured so nobody is at a loss — neither banks nor customers,” Manta said, adding that this is for the first time that the bank’s internet security was breached.

The investigation is being jointly conducted by the cyber crime team and Indian Computer Emergency Response Team (CERT-in). A team from CERT-in is expected to reach Shimla to conduct a detailed probe at the bank’s data center.

Saurabh Parashar is an Assistant Editor at The Indian Express, primarily responsible for the publication’s coverage of Himachal Pradesh. He is a seasoned journalist with over 17 years of experience in print media, specializing in crime, legal affairs, and investigative reporting. Professional Background Education: He holds a Master’s degree in Mass Communication from Guru Jambheshwar University of Science & Technology (Hisar) and a Law degree from Himachal Pradesh University (HPU), Shimla. This legal background significantly informs his reporting on complex judicial and administrative matters. Career Path: Before joining The Indian Express in 2017, he spent 12 years with The Times of India. Core Beats: His primary focus is the socio-political landscape of the hill state, with a specific emphasis on the environment, forest conservation, drug menace (specifically "Chitta"), affairs related to tribal and archaeology and the unique challenges of governance in high-altitude regions. Recent Notable Articles (Late 2025) His recent reporting highlights the critical intersection of policy, law, and social safety in Himachal Pradesh: 1. "Himachal’s battle against Chitta: Why the border areas are most vulnerable" (Late 2025): An investigative look at the transit routes from Punjab and the impact on local youth. 2. "Shimla ropeway clears key hurdle as 820 trees face the axe :According to the Forest Survey of India’s 2021 assessment, 47.21 percent of Shimla’s 5,131 sq km geographical area is under forest cover (Nov 17, 2025). 3. "Himachal to handover 2.7427 ha of non-forest land for Shimla Ropeway: Given the land’s non-forest nature, RTDC and the state will not require permission from MoEFCC" (Nov 18, 2025) 4. "How the centuries-old Jodidara tradition is fading in Himachal’s Trans-Giri region: Jodidara: a form of fraternal polyandry—has long been part of Hatti tribal culture in the Trans-Giri region of Himachal Pradesh and adjoining Uttarakhand. It is believed to have evolved to prevent division of ancestral land and maintain unity among brothers in the harsh, mountainous terrain" (Aug 18, 2025) Legal & Agricultural Affairs "Kisan Sabha hails SC’s setting aside Himachal HC order to remove orchards from forest land" (Dec 18, 2025): Covering a major Supreme Court victory for farmers, where a High Court order to remove fruit-bearing apple orchards was overturned. "Himachal Cabinet nod to new tourism policy; focus on home-stays in tribal areas" (Dec 11, 2025): Detailing the legislative push to decentralize tourism and bring economic benefits to Lahaul-Spiti and Kinnaur. 3. Governance & Environment "Forest rights and development: Why Himachal is seeking more leeway from Centre" (Dec 19, 2025): Reporting on the legal hurdles faced by the state in infrastructure projects due to the Forest Conservation Act. "Cloudbursts and resilience: How Himachal’s remote villages are building back better" (Nov 2025): Following up on the long-term rehabilitation efforts after monsoon-related disasters. Crime especially cyber crimes, crypto currency etc: crypto currency: "Agents in uniform, motivational speeches, lavish parties: How a Himachal crypto con went unnoticed:A serial conman, a ‘Nelson Mandela Nobel Peace Award winner', and retired policemen got together to pull off a Rs 1,740-crore fraud" (Nov 10, 2023) Signature Beats Saurabh is recognized for his tenacious reporting on the state's drug epidemic. His deep familiarity with the topography and tribal culture of Himachal allows him to report from remote locations like Spiti, Pangi, Shillai, which are often overlooked by national media. His legal expertise makes him a primary choice for covering the Himachal Pradesh High Court on issues ranging from local body elections to environmental PILs. X (Twitter): @saurabh_prashar . ... Read More

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