Security News

Nigerian who hacked Texas retirement fund gets 12 years in prison
2024-08-13 16:42

42-year-old Nigerian national Bamidele Omotosho has been sentenced to 12 years and seven months in prison for his role in a series of cyber scams that resulted in millions of dollars in losses for...

Meta Removes 63,000 Instagram Accounts Linked to Nigerian Sextortion Scams
2024-07-25 10:16

Meta Platforms on Wednesday said it took steps to remove around 63,000 Instagram accounts in Nigeria that were found to target people with financial sextortion scams. In cases where some of these accounts attempted to target minors, Meta said it reported them to the National Center for Missing and Exploited Children.

Nigerian faces up to 102 years in the slammer for $1.5M phishing scam
2024-06-14 20:15

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Nigerian gets 10 years for laundering millions stolen from elderly
2024-01-09 23:31

Nigerian man Olugbenga Lawal was sentenced on Monday to 10 years and one month in prison for conspiring to launder millions stolen from elderly victims in internet fraud schemes. Lawal worked directly with the Nigeria-based leader of the Nigerian Black Axe organized crime group, one of the world's most dangerous crime syndicates, which he was also a member of.

Nigerian hacker arrested for stealing $7.5M from charities
2024-01-03 19:34

A Nigerian national was arrested in Ghana and is facing charges related to business email compromise attacks that caused a charitable organization in the United States to lose more than $7.5 million. Olusegun Samson Adejorin was arrested on December 29 for defrauding two charitable organizations in Maryland and New York, according to an eight-count federal grand jury indictment in the U.S. Specifically, Adejorin faces charges for wire fraud, aggravated identity theft, and unauthorized access to a protected computer linked to attacks aimed at two Maryland-based charitable organizations, culminating in the embezzlement of $7.5 million.

Nigerian Police dismantle cybercrime recruitment, mentoring hub
2023-10-26 17:52

The Nigerian Police Form has arrested six suspects and dismantled a mentoring hub linked to cybercrime activities, including business email compromise, romance, and investment scams. After receiving intelligence and investigating a group of individuals suspected of cybercrime, six individuals were arrested on September 13th, 2023, in the Dantata estate area.

Nigerian man pleads guilty to attempted $6 million BEC email heist
2023-09-22 19:24

Kosi Goodness Simon-Ebo, a 29-year-old Nigerian national extradited from Canada to the United States last April, pleaded guilty to wire fraud and money laundering through business email compromise. According to the plea agreement, the scammers had a high success ratio of roughly 1 to 7, making one million out of the almost seven million they attempted to steal.

US extradites Nigerian charged over $6m email fraud scam
2023-04-14 21:20

A suspected Nigerian fraudster is scheduled to appear in court Friday for his alleged role in a $6 million plot to scam businesses via email. Kosi Goodness Simon-Ebo, 29, is the first of three Nigerian men to have been extradited from Canada to the US after a federal grand jury charged the trio on seven counts including money laundering and wire fraud for their alleged roles in a scheme to defraud victims out of millions of dollars.

Nigerian Prison Break
2022-07-11 11:35

Armed with bombs, Rocket Propelled Grenade and General Purpose Machine Guns, the attackers, who arrived at about 10:05 p.m. local time, gained access through the back of the prison, using dynamites to destroy the heavily fortified facility, freeing 600 out of the prison's 994 inmates, according to the country's defense minister, Bashir Magashi. What's interesting to me is how the defenders got the threat model wrong.

Interpol Nabs 3 Nigerian Scammers Behind Malware-based Attacks
2022-05-30 23:59

Interpol on Monday announced the arrest of three suspected global scammers in Nigeria for using remote access trojans such as Agent Tesla to facilitate malware-enabled cyber fraud. The law enforcement said that the suspects systematically used Agent Tesla to breach business computers and divert financial transactions to bank accounts under their control.