Incident Details
The company experienced a cyber fraud incident involving unauthorized transactions from one of its bank accounts on November 1, 2026. The total amount involved is approximately ₹7.80 crore, which was transferred to multiple beneficiary accounts.
Forensic Audit Initiation
In response to the incident, the company has engaged PKF Consulting Services LLP to conduct a forensic audit and investigation into the cybersecurity incident. The forensic audit is being initiated to:
- Ascertain the root cause of the incident
- Recommend appropriate remedial measures
- Recommend preventive measures to strengthen the company's cybersecurity framework
Business Impact Assessment
The company confirms that its business operations are continuing as usual and that the incident has not had any material impact on its business operations.
Additional Information
The intimation will be made available on the company's website at www.spandanasphoorty.com.
#Tags: #SpandanaSphoortyFinancial #CyberFraud #SEBIRegulation30 #ForensicAudit #Negative