Tuesday, 2 September 2014

EFCC Nabs 3 For Hacking Into Bank's Data Base

The Economic and Financial Crimes Commission, EFCC, yesterday said it
has uncovered a three-man syndicate who specialised in hacking into
data base of banks and other financial institutions.

Spokesman for the EFCC, Wilson Uwujaren, who gave the identities of
the suspects as Ola Lawal, Olumide Kayode and Abass Adekunle, said
they met their waterloo when they attempted to compromise the data
base of Enterprise Bank Plc and steal depositors' funds using an
electronic device known as Keelog Key Grabber.

Wilson disclosed that their arrest was made possible by an insider who
revealed to the bank's management that some fraudsters were planning
to gain access to its network, using the Keelog Key Grabber device.

He said a staff of the bank was contacted by one of the suspects, who
proposed a business arrangement to him on how to hack into the bank's
system. The staff subsequently informed the management of the bank and
he was instructed to play along.

According him, "they agreed that the Keelog Key Grabber device would
be used to harvest passwords of some of the key operation staff of the
bank. The grabber was meant to be plugged into the computer system of
the Head of OperationS of a particular branch to retrieve information
technology configuration settings from the computer system and pave
the way for the fraudsters to move customers' funds out of the bank."

Wilson further explained that Lawal was arrested while trying to hand
over the Keelog Key Grabber to the staff. His arrest led to the arrest
of two other suspects, Olumide Kayode Maborukoje and Abass Ajibade.

"Items recovered from them include a keylogger, a laptop, a router, a
modem, sim cards, USB keyhole log with a template of keylogger and a
jotter containing some account numbers which they intended to use for
the fraud.

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