Cybercrime scare in the city

MUMBAI, INDIA: The cybercrime branch of the Mumbai police has lodged and is investigating a case of data theft against a former senior vice-president of a multi-national bank.

According to the case registered with the cybercrime branch at the Bandra Kurla police station, although the employee quit on April 21, she had been stealing data before her exit. Her act was discovered when the bank's technical team received a system alert after she extracted confidential data and stored it in her pen drive before signing off.

Following the disclosure, the bank's vigilance officers conducted an internal probe. The suspect handled retail banking and wealth management at the bank for 20 years and had access to confidential data.

Cybercrime officials are going through the case details before proceeding with the arrest. "The suspect has stolen proprietary data and not customers' confidential data. The data was related to Reserve Bank of India rules and banking policies, which the suspect can misuse," ToI quoted the bank's spokesperson.

Additional commissioner of police (crime) KMM Prasanna told TOI that a case had been registered against the former employee under Section 408 (breach of trust by servant) of the Indian Penal Code, and under Section 66 (if any person, dishonestly, or fraudulently, does any act, referred to in Section 43, without permission of the owner or any other person who is in-charge of a computer, computer system of computer network, downloads, copies or extracts any data, computer data base or information from such computer, computer system or computer network) of the Information Technology (IT) Act.