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Bank loses Rs 87 lakh to SIM swap fraud, HC orders BSNL to pay over Rs 55 lakh compensation

Times of India

TechnologyTimes of India·Jun 5, 2026·1 min read

Bank loses Rs 87 lakh to SIM swap fraud, HC orders BSNL to pay over Rs 55 lakh compensation

Karnataka High Court holds BSNL responsible for an Rs 87 lakh bank fraud, stating the telecom giant's negligence in issuing a duplicate SIM enabled cybercriminals. The court dismissed BSNL's challenge, enhancing compensation to over Rs 50…

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