Spandana Sphoorty Financial reports cyber attack involving its bank account Spandana Sphoorty Financial encountered a cyber fraud incident involving unauthorized transactions on November 1. The amount involved was about 78 million rupees, which was transferred to several beneficiary accounts. Once identified, the company immediately stopped the affected services and notified its bank. A request to cancel and freeze an account was also submitted to the bank. In addition, Spandana registered a complaint on the national cyber crime reporting portal.