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Union Bank of India comes under cyber attack

Posted on: 24/Jul/2016 10:26:07 AM
Union Bank of India Ltd. announced that one of the banks offshore accounts was a victim to a cyber attack. The bank, however said that the money trail was traced and the movement of funds was blocked.

In an official statement, the bank said, There is no loss caused to the bank. We have informed the authorities and are taking steps to plug any gaps and strengthen its security systems.