Spandana Sphoorty Financial reports cyberattack involving its bank account

SENSEX 75,318.13

+ 858.60

NIFTY 23,305.35

+ 252.25

CRUDEOIL 9,571.00

 -366.00

GOLD 138,886.00

+ 401.00

SILVER 181,750.00

+ 2,618.00

SENSEX 75,318.13

+ 858.60

NIFTY 23,305.35

+ 252.25

NIFTY 23,305.35

+ 252.25

CRUDEOIL 9,571.00

 -366.00

CRUDEOIL 9,571.00

 -366.00

GOLD 138,886.00

+ 401.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

Transactions totaling about ‌$822,300 ‌were ⁠transferred from one of ⁠its bank accounts to multiple beneficiary accounts

By Reuters

Updated - November 02, 2026 at 12:16 PM.

Microfinance lender Spandana Sphoorty Financial said on ​Monday that it identified ‌a cyber fraud incident involving ​unauthorized transactions debited from ⁠one of its bank accounts on November 1.

Here are ‌some key details

• Transactions totaling about ‌78 million rupees (about $822,300) ‌were ⁠transferred from one of ⁠its bank accounts to multiple beneficiary accounts. Upon identifying it, ​the company immediately ‌stopped the affected services, it said.
• The company reported the matter to ‌the bank, which ​it did not name, with a request for ⁠reversal of transactions, freezing of beneficiary accounts and a ‌detailed investigation.
• The company also registered a complaint at the National Cyber Crime Reporting Portal.
• Indian lenders have reported ‌cyber incidents in recent weeks, with ​AU Small Finance Bank probing a potential customer-data ⁠leak and State Bank ⁠of India disclosing a dark-web leak involving 3,897 ‌customer records.

(This is a developing story)

Published on November 2, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers