A large number of Automated Teller Machines located in some posh areas of Lagos like Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi have been attacked by hackers and electronic fraudsters, it has been learnt.
Showing posts with label electronic fraud. Show all posts
Showing posts with label electronic fraud. Show all posts
Tuesday 7 April 2015
Monday 16 March 2015
Nigerian Banks Lose N6bn To e-fraud In 2014, 118% Increase From Previous Year
The value of reported electronic fraud by Deposit Money Banks (DMB) has risen to 1181.1 per cent, translating into N6.2 billion in 2014 from N485.2 million in 2013.
Thursday 11 December 2014
150 Million PayPal Accounts In Danger of Hijacking
A vulnerability that
would have enabled a hacker to completely bypass the authentication
system in PayPal has been patched, resulting in a $10,000 bounty for the
white-hat that found it. Worth every penny, too: the flaw put 150 million PayPal customers
in danger of having their accounts hijacked with a low-effort, simple gambit.
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