Borderless, parent of Stockal Securities, said unauthorised trades hit 13 customer accounts worth about $6.26 million, not the 30 accounts and Rs 100 crore reported earlier. It blamed a September cybersecurity breach at US partner DriveWealth, which compromised credentials for 26 Stockal accounts. No funds were withdrawn, and the final loss remains subject to reconciliation.
Stockal says 13 accounts hit by $6.26 million unauthorised trades
Source: Moneycontrol