Hyderabad, Oct. 23 -- A Hyderabad-based non-banking financial company (NBFC) allegedly lost more than Rs 3.3 crore in a cyberattack that lasted 87 minutes.

Based on a complaint filed by the company's chief financial officer (CFO) at the TGCSB headquarters on October 20, the Telangana Cyber Security Bureau (TGCSB) registered a case.

In the complaint, the CFO alleged that unidentified persons gained unauthorised access to its systems and application programming interface (API) between 10:31 am and 11:58 am on October 19.

After gaining access to its system, 183 unauthorised fund transfers were carried out to transfer more than Rs 3.3 crore to 52 suspected beneficiary accounts.

Hyderabad NBFC detected cyberattack on the same day

The comp...