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    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

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    NNPC acquires equipment to build 40 CNG filling stations

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    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

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Beware of New Cybercrime Strategy – NITDA Warns Nigerians

Saturday, 15 May 2021, 7:00 pm
in Technology
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Beware of New Cybercrime Strategy – NITDA Warns Nigerians
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Nigerians have been warned to be more watchful as cyber criminals have developed new strategies to siphon money from unsuspecting victims’ accounts. This they achieve by using Telegram Bots and Google Forms to automate phishing.

The National Information Technology Development Agency (NITDA) made this revelation in a tweet on their official Twitter handle on Friday. The statement said, inter alia, “Hackers use legitimate services such as Google Forms and Telegram to obtain user data stolen during phishing attacks.

“Various ready-to-go platforms which are available on the darknet are used to manage the entire process of the phishing attack and keep financial records linked to them. Such platforms are distributed under the cybercrime-as-a-service model, which subsequently leads to more groups conducting attacks.

“Cybercriminals mainly resort to free email services to obtain data of victims (all info harvested on phishing websites is automatically sent) and gain access to the data of linked bank cards.”

Deconstructing the statement, Punch wrote, “Phishing is a cyber-attack that disguise email or a text message as a weapon. It tricks the email recipient to believe that the mail is for something that they need or want – a bank request, a mail from an eCommerce company, etc. Usually, emails like this ask their recipients to click on a link or download an attachment. The idea is to trick the recipient into releasing sensitive data such as credit card details, and passwords.

“Once the recipient clicks on the link, the website harvests personal information from unsuspecting recipients.

“In a 2020 report, Kaspersky Security Solutions reported that millions of Nigerians suffered cyber-attacks.

The report showed that over a seven-month (January to August) period, Nigeria recorded about 3.8 million cyber-attacks.”

Cyberattacks are increasing by day globally and constitutes huge data safety risk to world economy.

NITDA, preferring solution to Nigerians in their tweet, advised that, “Internet users should be mindful/avoid open-source software application.”

Azuka Edokobi
Azuka Edokobi

Azuka Edokobi is a Writer , a Farmer, a Supply Chain Expert and an Entrepreneur

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