Security News

Suspected phishing email crime boss cuffed in Nigeria
2022-05-26 07:25

Interpol and cops in Africa have arrested a Nigerian man suspected of running a multi-continent cybercrime ring that specialized in phishing emails targeting businesses. Interpol's African Joint Operation against Cybercrime referred the intelligence to Nigerian police, who were supported by law enforcement in Australia, Canada, and the US. Ultimately Nigerian cops arrested the suspect at Murtala Mohammed International Airport in Lagos.

Nigeria's central bank digital currency is 'same Naira, more possibilities' – if you count government snooping
2021-11-22 11:00

There are significant privacy challenges that could make eNaira a lot less attractive. Identification and authentication can pose additional privacy risks because of their central role in onboarding users to the eNaira wallet and ensuring equal access for all users to meet the financial inclusion aspiration of the CBN. Under the CBN's Circular and Guideline [PDF] on the eNaira issued on 25 October, the national identity number and/or biometric verification number are the unique identifiers for users to "Self-onboard" to the eNaira speed wallet.

BEC Attacks: Nigeria No Longer the Epicenter as Losses Top $26B
2020-10-14 20:27

A study of more than 9,000 instances of business email compromise attacks all over the world shows that the number has skyrocketed over the past year, and that the social-engineering scam has expanded well beyond its historic roots in Nigeria. Researchers found BEC attacks currently make up a full 40 percent of cybercrime losses globally, impacting at least 177 countries.

Orange is the new green: Nigeria scammer bags $1m while operating behind bars
2019-11-21 05:54

Fraudster oversaw operation with contraband phone A convicted fraudster housed in a maximum security prison in Nigeria managed to pull off a $1m (£775,000) online scam from behind bars.…

Hundreds of BEC Scammers Arrested in Nigeria and U.S. — $3.7 Million Recovered
2019-09-11 06:48

Breaking News — The Nigerian prince and his allies who might have also asked you over an email for your assistance to help save "the first African astronaut lost in space" have finally been...

Hundreds Arrested in Joint US-Nigeria Crackdown on Cyber Scams
2019-09-11 05:21

Nigerian and US authorities said Tuesday that nearly 300 people had been arrested in a months-long global crackdown on online scams to hijack wire transfers from companies and individuals. read more

Watermarks used to track data through Dark Web to Russia,	Nigeria
2015-04-13 10:08

http://www.csoonline.com/article/2908500/data-protection/watermarks-used-to-track-data-through-dark-web-to-russia-nigeria.html By Maria Korolov CSO April 10, 2015

Nigeria: Over 25 Million Payment Cards in Nigeria At Risk
2014-07-30 10:02

http://allafrica.com/stories/201407300373.html BY PRINCE OSUAGWU AllAfrica.com 30 JULY 2014

Nigeria: Fraudsters Hack NNPC GMD's Email, Advertise Bogus Contract
2014-05-09 20:53

http://allafrica.com/stories/201405090302.html Premium Times 8 MAY 2014