The Latest in IT Security

Nigerian bank falls victim to $40 million insider cyber-heist

15
Sep
2014

Nigerian police are on the hunt for an IT staffer at Skye Bank who hacked into the bank’s systems and transferred $40 million to a raft of bogus accounts before going on the run. Thirty-eight year old Isoko resident Godswill Oyegwa Uyoyou is alleged to have conspired with a criminal gang to access the bank’s computer system and inflate the balances of various accounts.

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