Earlier this month, reports surfaced which suggested that Cosmos Bank, India's oldest at 112 years old, had become the victim of a cyberattack which left the institution millions out of pocket.

The attack reportedly took place in two stages been August 10 - 13. According to the Hindustan Times, malware was used on the bank's ATM server to steal the credit card information of customers, alongside SWIFT codes required for transactions.

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