Hindustan Aeronautics Limited Kanpur lost ₹55 lakh in a cyber fraud after scammers used a fake email address with a missing letter to alter bank details and divert funds. The incident is under police investigation.

The most recent victim of cyber fraud was Hindustan Aeronautics Limited (HAL), Kanpur, which lost Rs 55 lakh to cyber criminals after failing to recognize the missing letter “e” in one of the email addresses. The scammers altered bank account information and redirected the payment to their account while using an email address that was almost the same as that of an authentic American supplier. Vulnerabilities in high-stakes international transactions have been revealed by cyber fraud, which is currently being investigated by police.

What happened?

The public-sector aerospace and defence firm Hindustan Aeronautics Limited regularly purchases fighter aircraft parts from international vendors. The company was negotiating aircraft parts with PS Engineering Inc., a US-based corporation, in 2024.

Hindustan Aeronautics Limited asked for a quote for three particular parts on May 3. The officialemail ID, gledbetter@ps-engineering.com. was used for all correspondence. However, unidentified cybercriminals who had probably been keeping an eye on the email exchange made the false email address jlane@ps-enginering.com, which just has the letter “e” missing from engineering.

By using fake bank account information, the scammers pretended to be the vendor and persuaded Hindustan Aeronautics Limited to send the money. Before anyone realized what was going on, $63,405 (around Rs 55 lakh) was transferred into the incorrect account.

When PS Engineering Inc. notified Hindustan Aeronautics Limited that they had not been paid, the fraud was discovered. When concerned HAL officials looked over their transaction history, they found the phoney email address.

An official investigation was initiated after Ashok Kumar Singh, Additional General Manager of Hindustan Aeronautics Limited Kanpur, filed a First Information Report (FIR) at the Cyber Police Station in response to the disclosure.

In order to carry out the scam, investigating police believe the cybercriminals may have compromised the email systems of Hindustan Aeronautics Limited or intercepted communications. To determine the source of the phoney account and find the culprits, the police have enlisted the help of cybersecurity specialists from IIT Kanpur.