Hot Deal

BTech grad hacks into reward system, steals 4.5L vouchers in Bengaluru

578°
Generous
baludesi


  BENGALURU: A 23-year-old BTech graduate has been arrested for allegedly hacking into a reward-point website associated with a private bank, stealing 4.5 lakh gift vouchers between February and June this year and purchasing various commodities, including gold, worth nearly Rs 4.2 crore using them.  The accused - Bodalur Lakshmipati, a resident of Whitefield and from Chittoor in Andhra Pradesh - has been remanded in judicial custody in Bengaluru Central Prison. City police commissioner B Dayananda said the accused hacked into the website of Reward-360, a data-driven customer engagement ecosystem firm located in HSR Layout, and stole the gift vouchers. In June, the firm filed a police complaint stating its gift vouchers were being used by unidentified persons.  Preliminary police investigation revealed between February and June, the accused stole around 4.5 lakh gift vouchers. How Lakshmipati came in contact with Reward-360 Lakshmipati's hacking of Reward-360's servers was a significant breach of security that had far-reaching consequences. According to DCP (southeast) CK Baba, it all began when the accused acquired debit and credit cards from a private bank. "When the bank denied him reward points for using the cards, he resorted to a different approach.  In response, he created a software program that auto-generated codes that were present on the gift vouchers. The bank offered him four vouchers. However, Lakshmipati was not satisfied with this and developed a programme to continuously exploit the servers of Reward-360, which was handling gift vouchers of the bank, acquiring an unlimited number of vouchers. He then converted these vouchers into a substantial amount of digital currency, which he invested in precious metals like gold and silver," Baba said.  The case was registered with cybercrime police, southeast division, who traced the accused to his Whitefield residence and arrested him. "The gold and silver were kept in a bank locker in Chittoor. Other materials, including seven two-wheelers, were seized from his Whitefield residence," a cop said. Lakshmipati had completed his BTech in computer science from a prestigious institution, police said. "About two years ago, he came to the city and joined a company as a software engineer.  He had been to Dubai for a few months for work," the cop said, adding, "In January this year, he quit the job."




http://m.timesofindia.com/articleshow/103620655...

Top Comments
Finance Mentor Finance Mentor
Link Copied

Greed is disastrous. 

When you have good qualification and can earn good package from companies then why this stealing rewards. ? 

People are happy with 20 to 30000 monthly income. But this guy is not happy with tidy sum also. 

Very low moral ethics guy. He deserves jail term and loss of face. 

Unfortunate that education dose not teach moral ethics to this guy. Pretty low thinking creature. Deserves to rott in jail. 

Deal Cadet Deal Cadet
Link Copied
Bk100 wrote:

Greed is disastrous. 

When you have good qualification and can earn good package from companies then why this stealing rewards. ? 

People are happy with 20 to 30000 monthly income. But this guy is not happy with tidy sum also. 

Very low moral ethics guy. He deserves jail term and loss of face. 

Unfortunate that education dose not teach moral ethics to this guy. Pretty low thinking creature. Deserves to rott in jail. 

You are absolutely correct but ..Kaash ladki Wale bhi 30000 monthly income ko accept krte ,with SO CALLED MORALS ETHICS, toh situation kuch aur ho skti hai..unki GREED kaise Kam karein bhai??? Isliye sab andhi race mein Lage hain packages ki.. ha but iss ladke ka tareeka galat tha..usko server ki hacking process  company ko bata Dena chahiye tha..and maybe company Wale usko hi hire kr lete badiya package pe

Deal Subedar Deal Subedar
Link Copied

Private Bank

Prestigious institution

A company

News guys simply keep twisting the facts. 

Also , this is why it's also said use the loopholes wisely 🤣🤣

Else it will be patched.

32 Comments  |  
21 Dimers
  • Sort By
Generous Generous
Link Copied

Motivation Ultra Pro Maaaxxxx. 😛

Helpful Helpful
Link Copied

image

Pro Entertainer Pro Entertainer
Link Copied

4 crore for 4 gift voucher

Tit for tat

😝😝

Helpful Helpful
Link Copied
revenge
Deal Subedar Deal Subedar
Link Copied

Private Bank

Prestigious institution

A company

News guys simply keep twisting the facts. 

Also , this is why it's also said use the loopholes wisely 🤣🤣

Else it will be patched.

Entertainer Entertainer
Link Copied

Lakshmipati 😜

Generous Generous
Link Copied
P_A_N_K_A_J wrote:

4 crore for 4 gift voucher

Tit for tat

😝😝

Its 4.5 lakh 

Deal Cadet Deal Cadet
Link Copied

Is this the same guy who leaked sonyliv algo

Generous Generous
Link Copied
Expand
baludesi wrote:

Its 4.5 lakh 

4 crores using 4.5 Lacs vouchers 😉
Generous Generous
Link Copied
Expand
Rajkotian wrote:
4 crores using 4.5 Lacs vouchers 😉
😳Missed it. Read it as lakhs 

Generous Generous
Link Copied

Meme on my mind: Hacker hai bhai ...Hacker hai....Hacker Hacker 😅

Benevolent Benevolent
Link Copied
M.MAHI wrote:

Private Bank

Prestigious institution

A company

News guys simply keep twisting the facts. 

Also , this is why it's also said use the loopholes wisely 🤣🤣

Else it will be patched.

Paisa mehnat sab gaya upar se jail aur hefty penalty bhi lagegi kya mila baba ji ka thullu and name of a criminal 

Kabhi fake kyc Wale log bhi ainge hapatte mein

Benevolent Benevolent
Link Copied
M.MAHI wrote:

Private Bank

Prestigious institution

A company

News guys simply keep twisting the facts. 

Also , this is why it's also said use the loopholes wisely 🤣🤣

Else it will be patched.

4.5 lakh number GVs for Rs. 4.2 Crore value means average GV value of Rs. 100, he was using that wisely in that sense😝
Hunk Hunk
Link Copied
M.MAHI wrote:

Private Bank

Prestigious institution

A company

News guys simply keep twisting the facts. 

Also , this is why it's also said use the loopholes wisely 🤣🤣

Else it will be patched.

Now, someone ll say that he ll become the Indian Ant Man. 

Supernova Supernova
Link Copied
Expand
bikidas2060 wrote:

Now, someone ll say that he ll become the Indian Ant Man. 

'
Finance Mentor Finance Mentor
Link Copied

Greed is disastrous. 

When you have good qualification and can earn good package from companies then why this stealing rewards. ? 

People are happy with 20 to 30000 monthly income. But this guy is not happy with tidy sum also. 

Very low moral ethics guy. He deserves jail term and loss of face. 

Unfortunate that education dose not teach moral ethics to this guy. Pretty low thinking creature. Deserves to rott in jail. 

Deal Cadet Deal Cadet
Link Copied

he can argue in court that the cyber security was flawed & because of this he has taken all the gift vouchers. it is equal to leaving cash on the road. people with hands can easily take it & go. it is the carelessness of reward360 company that let to their problem.

Deal Cadet Deal Cadet
Link Copied
Bk100 wrote:

Greed is disastrous. 

When you have good qualification and can earn good package from companies then why this stealing rewards. ? 

People are happy with 20 to 30000 monthly income. But this guy is not happy with tidy sum also. 

Very low moral ethics guy. He deserves jail term and loss of face. 

Unfortunate that education dose not teach moral ethics to this guy. Pretty low thinking creature. Deserves to rott in jail. 

You are absolutely correct but ..Kaash ladki Wale bhi 30000 monthly income ko accept krte ,with SO CALLED MORALS ETHICS, toh situation kuch aur ho skti hai..unki GREED kaise Kam karein bhai??? Isliye sab andhi race mein Lage hain packages ki.. ha but iss ladke ka tareeka galat tha..usko server ki hacking process  company ko bata Dena chahiye tha..and maybe company Wale usko hi hire kr lete badiya package pe

Deal Subedar Deal Subedar
Link Copied
pentiumd wrote:

he can argue in court that the cyber security was flawed & because of this he has taken all the gift vouchers. it is equal to leaving cash on the road. people with hands can easily take it & go. it is the carelessness of reward360 company that let to their problem.

Yes, only problem is he got caught.😜

When you take money that is left in the open, you don't leave a trail hence safer than these digital hacks.

Generous Generous
Link Copied
pentiumd wrote:

he can argue in court that the cyber security was flawed & because of this he has taken all the gift vouchers. it is equal to leaving cash on the road. people with hands can easily take it & go. it is the carelessness of reward360 company that let to their problem.

Hehe no bro, that logic doesn't work in court. Even if there is a basic security in place, it would imply that the person was 'not authorized' to access them. It could still have worked had he not used any of the vouchers and then claimed to be whitehat hacker or whistleblower etc. But in terms of legality, even if found on road, if it does not originally belong to you, then it is NOT yours to keep.

Benevolent Benevolent
Link Copied
pentiumd wrote:

he can argue in court that the cyber security was flawed & because of this he has taken all the gift vouchers. it is equal to leaving cash on the road. people with hands can easily take it & go. it is the carelessness of reward360 company that let to their problem.

You comparing cash on road with digital payment where money trail tells everything, security flaw or money on road doesn't give right to loot, this guy deserves jail

Benevolent Benevolent
Link Copied
Expand
Honeyyyyy1 wrote:

You are absolutely correct but ..Kaash ladki Wale bhi 30000 monthly income ko accept krte ,with SO CALLED MORALS ETHICS, toh situation kuch aur ho skti hai..unki GREED kaise Kam karein bhai??? Isliye sab andhi race mein Lage hain packages ki.. ha but iss ladke ka tareeka galat tha..usko server ki hacking process  company ko bata Dena chahiye tha..and maybe company Wale usko hi hire kr lete badiya package pe

There will be many girls who can happily marry 30k earning guy but if you wanna marry a crorepati's daughter then your choice is wrong you can't keep her happy in 30,000, wrong approach hai ye apne hisab ki ladki dundho ge to mile gi, zabardasti Ameer ban Raha tha techie by doing crime and criminal ko eventually crime ka badla milta hi hai

Deal Cadet Deal Cadet
Link Copied
Expand
drupal wrote:

There will be many girls who can happily marry 30k earning guy but if you wanna marry a crorepati's daughter then your choice is wrong you can't keep her happy in 30,000, wrong approach hai ye apne hisab ki ladki dundho ge to mile gi, zabardasti Ameer ban Raha tha techie by doing crime and criminal ko eventually crime ka badla milta hi hai

True, I am not talking about myself.I am saying what I am seeing in my relatives, friends and neighbours..You wouldn't believe there are pointers written in biodatas of girls and boys regarding everything including living with parents or not.This is happening in middle class people in urban areas who don't even think of marrying a crorepati/crorepatnis coz they know unki aukaat ke bahar hai .I believe rural areas might not have these issues now..but sooner or later this is gonna come. Crime is a crime..he should get punishments for this.That is a different thing.
Benevolent Benevolent
Link Copied
Expand
Honeyyyyy1 wrote:
True, I am not talking about myself.I am saying what I am seeing in my relatives, friends and neighbours..You wouldn't believe there are pointers written in biodatas of girls and boys regarding everything including living with parents or not.This is happening in middle class people in urban areas who don't even think of marrying a crorepati/crorepatnis coz they know unki aukaat ke bahar hai .I believe rural areas might not have these issues now..but sooner or later this is gonna come. Crime is a crime..he should get punishments for this.That is a different thing.

That's the main reason you can see bachelors of 40-50 years everywhere, ladke ko apne demand ke hisab se ladki nahi milti or ladki walo ko unke hisab ka ladka nahi milta, shadi agar sahi age mein na ho to fir kya hi fayda no one can bring lost years jawani

Kabhi kabhi lagta hai ki shadi physical or emotional relationship ke liye nahi balki paiso ke liye hi ho rahi hai, ab isko dhan daulat ke sath vivah karna hi kah sakte hai mahila ya purush ke saath nahi

Deal Subedar Deal Subedar
Link Copied
Expand
aam_aadmi wrote:
4.5 lakh number GVs for Rs. 4.2 Crore value means average GV value of Rs. 100, he was using that wisely in that sense😝
Maybe he could have used Zingoy to sell those vouchers via multiple accounts with 50% flat discount on vouchers 🤣🤣.

Pro Community Angel Pro Community Angel
Link Copied

Although not exactly same (it was not hacked unlike here), dimers did similar loss to niki. Similar cracked series of various offers have been released in past (e.g. cred- swiggy, cred- ubereats) 

Moral of the story, dont loot alone, and dont be greedy in trying to squeeze every drop. 

4 crores is a very big amount for any company to leave just like that. Although, ethically shouldnt steal for even a paisa, but if you want the kick of a loot, dont go beyond a couple of thousands, and balance with appropriate reparations. 

Deal Lieutenant Deal Lieutenant
Link Copied
I would have used that money to hire a good lawyer like ram jeth malani...money can buy everything in India.. including freedom
Pro Community Angel Pro Community Angel
Link Copied
anicool007 wrote:
I would have used that money to hire a good lawyer like ram jeth malani...money can buy everything in India.. including freedom
Top lawyers wont be entering petty issues like these IMO.
If gross is 4.2 cr, the culprit would have realized 2.5-3 cr at max. Thats hardly enough to buy a small house in bangalore, leave aside hiring someone.
Any small time lawyer can arbitrate in settlement, This case wont have reached here if the accused had the money to pay off his theft. 
Helpful Helpful
Link Copied
Expand
Honeyyyyy1 wrote:

You are absolutely correct but ..Kaash ladki Wale bhi 30000 monthly income ko accept krte ,with SO CALLED MORALS ETHICS, toh situation kuch aur ho skti hai..unki GREED kaise Kam karein bhai??? Isliye sab andhi race mein Lage hain packages ki.. ha but iss ladke ka tareeka galat tha..usko server ki hacking process  company ko bata Dena chahiye tha..and maybe company Wale usko hi hire kr lete badiya package pe

1) ladki not working hai but ladka 50 Lakh kamane wala chaie, PKR mein bhi chalega, also antartica mein bhi rehne ke lie taiyaar hain. Also ladka dowry nahin mang or equality mein bhi believe kare. khana banana nahin aata toh maid bhi chaiye or har month 1 trip chaiye. lamba list hai bhai. parents bhi nahin chaiye unke lekin inherited property hona chaiye 


2) Waise reward360 bekar company hai, maine interview crack kiya tha. chindi salary de rahe the. maine hi hanth jod kar mana kar diya. aur dusri company join kar li.

replyuser
Click here to reply
Reply