Bank loses Rs 87 lakh to SIM swap fraud, Karnataka high court orders BSNL to pay over Rs 55 lakh compensation
NEW DELHI: The Karnataka high court has ruled that BSNL is liable for losses caused by SIM swap fraud after one of its officials issued a duplicate SIM card without authorisation, enabling cybercriminals to drain over Rs 87 lakh from a cooperative bank’s account through fraudulent online transfers.Justice Suraj Govindaraj, while deciding two writ petitions…