Archive · 10 Nov 2025
Dr Reddy's Laboratories Loses Rs 2.16 Crore in Cyber Fraud
Imagine a company called Dr. Reddy's Laboratories needed to pay another company, Group Pharmaceuticals, for some goods.
Tricky cybercriminals managed to break into the emails between these two companies.
They then pretended to be people from Group Pharmaceuticals and sent fake emails to Dr. Reddy's telling them to send the money to a wrong bank account.
Dr. Reddy's believed the fake emails and sent Rs 2.16 crore to this fake account.
Once they realized it was a scam, they asked the police to help get the money back and freeze the fake account.
The police are now investigating this cyber fraud and have frozen the initial fraudulent account, which was in Gujarat.
Cyber fraudsters defrauded Dr. Reddy's Laboratories of Rs 2.16 crore.
Hackers gained unauthorized access to email communications between Dr. Reddy's and Group Pharmaceuticals.
Imposters, pretending to be from Group Pharmaceuticals, directed Dr. Reddy's to transfer payment to a fraudulent account.
Dr. Reddy's transferred the payment on November 4, and a case was registered on November 5.
Bengaluru police have launched a probe to freeze the fraudulent account and recover the funds.
- Who
- Cyber fraudsters impersonating Group Pharmaceuticals officials
- What
- Defrauded Dr. Reddy's Laboratories of Rs 2.16 crore by diverting payment to a fraudulent account through hacked emails.
- When
- Fraudulent emails sent on November 3, payment transferred on November 4, case registered on November 5.
- Where
- Bengaluru (Cyber Crime Police Station) and Hyderabad (Dr. Reddy's base)
- Why
- To illegally obtain funds through deception and impersonation by diverting a payment meant for a vendor.
Dr. Reddy's Laboratories
Cyber Fraudsters
Payment Transfer
Dr. Reddy's Laboratories
Transferred Rs 2.16 crore to a fraudulent account after receiving fraudulent payment instructions via hacked emails.
Cyber Fraudsters
Successfully diverted Rs 2.16 crore from Dr. Reddy's Laboratories to a fraudulent account by impersonating a vendor and exploiting email compromise.
Email Communication Security
Dr. Reddy's Laboratories
Was a victim of email hacking which led to a fraudulent payment diversion.
Cyber Fraudsters
Infiltrated official email communication to issue fraudulent payment instructions.
- Amount Lost
- Rs 2.16 crore
- Fraud Method
- Email hacking and impersonation
- Victim Company
- Dr. Reddy's Laboratories
- Impersonated Vendor
- Group Pharmaceuticals
- Fraudulent Account Location (Initial)
- Vadodara, Gujarat
- Case Registration Date
- November 5
- Fraudulent Transfer Date
- November 4
Sources
How Hackers Duped Drugmakers Dr Reddy's, Group Pharmaceuticals Of Rs 2 Crore
Hackers dupe Dr Reddy's Laboratories of ₹2.16 crore—here's how the cyber fraud unfolded
Cyber fraudsters ‘dupe’ Dr Reddy’s of ₹2 crore by hacking email communication
Cyber fraudsters ‘dupe’ Dr Reddy’s of ₹2 crore by hacking email communication
How Dr Reddy's Labs lost Rs 2.16 cr to cyber fraud
Dr Reddy's Laboratories Loses Rs 2.16 Cr after Fraudsters Hack Email Communication
