LearningCat: Case Studies and Best Practices

The PMC Bank Scam (2019): A Wake-Up Call for Failed Fraud Detection
The PMC (Punjab and Maharashtra Cooperative) Bank scam shook the Indian banking world in 2019, making headlines for all the wrong reasons. It’s a tale of financial mismanagement, shady loans, and a complete failure in fraud detection. If you’re in commerce or finance, you need to understand the flaws in this scam—it’s a massive case […]
Polycab Ransomware Attack 2023: A Case Study in Fraud Detection and Reporting
Polycab is one of the leading brands in India that is in the business of making electrical cables and wires. In the year 2023, this company faced a ransomware attack that disturbed the activities of it. The organization was left defenseless against cybercriminals aiming to profit from its downfall. This case study provides details on […]
Case Study: The Bank of Baroda Forex Scam
The Bank of Baroda Forex fraud is a major wake-up call, not simply another financial disaster in India’s history. One of the largest state-owned banks in India was involved in a foreign currency scandal in 2015 that included around ₹6,000 crore. This was a sophisticated financial crime that involved shell corporations, phony invoices, and an […]