How Hackers Attack Lagos Bank ATMs | Touch Latest Local,World,Tech,Entertainment,Health,Sport News
24 September 2017 00:00:00 AM Breaking News

• TECHNOLOGY

How Hackers Attack Lagos Bank ATMs

Reports say that large number of Automated Teller Machines ATM located in some upper-class areas of Lagos like Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi have been attacked by hackers and electronic fraudsters.

ATM-Machine

The hackers are said to be fixing small fraud tools on the ATMs in order to harvest the passwords of cardholders who come to collect cash or do some other transactions on the machines.

Top bank officials privy to the development said a number of banks had deployed detectives to monitor their ATMs in those locations, especially in the Victoria Island and Lekki axis.

A banker told our correspondent, “A number of the ATMs in Victoria Island and Lekki axis have been compromised by hackers. Some of these fraudsters visit those ATMs very late in the night or very early in the morning to fix some fraud devices on them, which are capable of collecting cardholders’ information, including their passwords.

They come back later to remove those devices. The information collected is then used to commit fraud against those customers later.

Most of us (banks) are aware of the development and we are very vigilant now. What some of us have done is to get a patrol team of security men to start combing the affected areas and the ATMs from time to time. We will get those guys soon.”

Recommended

Loading...

Related Posts

Whole-body vibration may be as effective as regular exercise

A less strenuous form of exercise known as whole-body vibration (WBV) can mimic

Read More

The UK is giving free bionic hands to kids who need them the most

Bionic hand prostheses have been around for a while, but the U.K.s state-funde

Read More

The Surface Laptop with a Core i7 and 1TB SSD is coming on October 3

Earlier this week, we discovered that customers can now pre-order the Surfa

Read More

Apple ​iPhone ​X: UK release date, price, latest news and features

Apple has unveiled the iPhone X - pronounced iPhone 10 - its prem

Read More

T-Mobile 600MHz auction payback uncertain

A T-Mobile US investment in 600MHz spectrum during the recently concluded spectr

Read More

Our Sci-Fi Future: Silly vs. Terrifying

The future is now, or at least it is coming soon. Today's technological developm

Read More

Why your Facebook friends may do you more harm than good

An 18-year-old Victor Ibeh and Tony Ezelioha (19) who were arraigned before the

Read More

Terrifying AI learns to mimic your voice in under 60 seconds

When it comes to personal privacy and overall security, we often think of passwo

Read More

Apple jumps to lead wearable computing with smartwatch

Apple has leapt to the lead in wearable computing on strong sales of its smartwa

Read More

New Deals Turn Twitter's Content Stream Into a River

Twitter on Monday announced a partnership with Bloomberg Media to launch a 24-

Read More

Also Read

Philippines, US to hold military drills

The Philippine military said Sunday it would hold annual exercises with US troop

Read More

Scott Porter and Wife Kelsey Mayfield Expecting Baby No. 2

Scott Porter and Wife Kelsey Mayfield Expecting Baby No. 2InstagramThere's a new

Read More

Five myths about the cross

Christians worldwide are commemorating the crucifixion of Jesus in Good Frida

Read More

Gracilis Transposition: Treating Complex Perineal Fistulas (Video)

Gracilis transposition is an effective technique for repairing complex p

Read More

Zlatan Ibrahimovic up for ANOTHER award PFA Player of the Year award

Zlatan up for PFA Player of the Year awardManchester United striker Zlatan Ibrah

Read More

England v South Africa Ben Stokes and Mark Wood seal series in Southampton

Second one-day international, Southampton:England 330-6 (50 overs): Stokes 101 (

Read More

59 robbery suspects paraded in Benin

Gerald Abisoye, 26,who was once sentenced for selling his father-in-law’s

Read More

Mali extends state of emergency by six months

Mali has extended a state of emergency in the country by six months, until Octob

Read More

Bale returns to start El Clasico

Gareth Bale was thrown straight back into the Real Madrid starting line-up for S

Read More

10 Spider-Man: Homecoming Easter Eggs You Might Have Missed

(SPOILERS: Do not read if you haven’t seen “Spider-Man: Homecoming.”) Wit

Read More