A Nigerian bank came under a cyberattack by hackers who stole N10 billion from the financial institution.

A nigerian bank as been hacked by hackers stealing N10 billion naira from it

A Nigerian bank came under a cyberattack by hackers who stole N10 billion from the financial institution.

A nigerian bank as been hacked by hackers stealing N10 billion naira from it

There has been a major cyberattack targeting a Nigerian bank, resulting in the theft of N10 billion from its accounts. The hackers reportedly exploited vulnerabilities in the bank’s digital infrastructure to gain unauthorized access and execute fraudulent transactions. The incident has raised serious concerns about cybersecurity readiness in Nigeria’s banking sector.

Authorities, including the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC), have launched investigations to trace the perpetrators and recover the stolen funds. The bank has reassured its customers that efforts are ongoing to secure their accounts and prevent further breaches.

This incident highlights the growing risks of cybercrime facing financial institutions in Nigeria and underscores the urgent need for enhanced security measures and regulatory oversight to protect both banks and customers from such attacks.

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