Kochi pharma firm loses ₹99 lakh in alleged impersonation fraud
A Kochi-based pharmaceutical company was defrauded of ₹99 lakh after a scammer impersonated the CEO on WhatsApp. The fraudster gained access to the accounts department by hacking a mobile device and using the CEO's profile picture to authorize a fraudulent transfer.
Why it matters
This case illustrates the increasing sophistication of corporate cyber-fraud and the vulnerability of internal communication channels to social engineering attacks.
Kochi pharma firm loses ₹99 lakh in alleged impersonation fraud According to the FIR, the accused hacked a mobile phone used by the company’s accounts department and managed to save a phone number as that of the CEO, using the WhatsApp display picture used by him KOCHI A pharmaceutical company based in Kochi has allegedly been duped of ₹99 lakh by an unidentified fraudster who impersonated the chief executive officer of the firm on WhatsApp.
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