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Nigerian Man Orchestrates £25 Million Abuja Bank Cyber Robbery - Politics - Nairaland

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Nigerian Man Orchestrates £25 Million Abuja Bank Cyber Robbery by publicenemy(m): 4:33pm On Sep 16, 2014
A Nigerian IT worker is being sought by police
for his alleged role in co-ordinating a £25m
($40m) cyber-theft at a bank in Abuja where he
worked. Godswill Oyegwa Uyoyou is being sought by
Nigeria's Economic and Financial Crimes
Commission (EFCC). A wanted notice claims he helped conspirators dressed as maintenance staff get into the bank so
they could use computers to transfer cash. Local reports suggest the theft was spotted when stolen cash was withdrawn. Although no members of the gang have been
caught, several are being "tracked", Wilson
Uwujaren, a spokesman for the EFCC, told News Nigeria. Details of the robbery are scant but it is thought that
Mr Uyoyou and conspirators entered the bank on a
Saturday when it was closed and no other staff
were working. The IT staffer was key to the robbery, said the EFCC,
because of the access he enjoyed to the computer
systems at the bank. This was used to siphon
6.28bn Nigerian Naira into accounts of the
conspirators, said the EFCC. So far, the bank at the
centre of the theft has not been named. The EFCC has issued a warrant for Mr Uyoyou's
arrest and he is being actively sought in Nigeria. John Hawes, a computer security researcher at
Sophos, said the amount of cash stolen was
"unusually large" but the method the gang chose
was "all too common". "Insider risk is a major problem for banks," he wrote on the firm's security blog, "they still have to rely on trusted employees to behave themselves,
resist temptation and keep their hands off the huge
amounts of funds they may find themselves dealing
with every day."


m.bbc.com/news/technology-29221315

Re: Nigerian Man Orchestrates £25 Million Abuja Bank Cyber Robbery by publicenemy(m): 4:33pm On Sep 16, 2014
hmmmnnn.... With the actions of Nigerian youths today...







You fear for the future of this country.

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