Global financial losses from scams have exceeded $47 billion annually with emerging data pointing to Southeast Asia as a central hub for large-scale, organised fraud operations....
Nigeria’s anti-graft regulator has linked the movement of N18.7 billion in fraud-related funds through the financial system to persistent failures in customer due diligence and transaction...
Cargo clearance operations at ports across Nigeria were severely disrupted following a cyber attack on the Information Communication Technology (ICT) platform of the Nigeria Customs Service...
The Managing Director of Moniepoint Microfinance Bank has warned Nigerians against publicly sharing their account numbers. He made this statement during an interview with news agencies...
FBI reportedly arrests newly elected Ogbaru LGA Chairman, Nwadialo, upon arrival in Texas for alleged romance fraud totaling over $3.3million Franklin Ikechukwu Nwadialo, 40, the newly...
Experts have said that the operations of commercial banks and their continuous existence may be severely affected if the worsening online fraudulent activities against financial institutions...
Guaranty Trust Bank Plc (GTBank) has confirmed an isolated hacking attempt aimed at compromising its website domain but reassured customers that no data was compromised. The...
As Nigeria’s digital economy flourishes, it faces escalating cyber threats, prompting the Federal Government to issue 33 cyberattack advisories in the past year. These warnings, issued...
Interswitch, the renowned payments infrastructure giant in Africa, has initiated a comprehensive fund recovery operation following a crippling system glitch that led to a loss of...
Mixin Network, a prominent decentralized wallet service provider, has been rocked by a massive security breach resulting in a loss of $200 million. The breach, attributed...