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Cybercrime

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U.S. Judge reverses bail decision for alleged fraudster Bobo Chicago over concerns he will flee to Nigeria

U.S. District Judge John F. Heil III has overturned the previous ruling granting bail to Bolanle Bombata, also known as Bobo Chicago, after FBI prosecutors presented compelling evidence that he posed a significant flight risk. This decision follows the U.S. government’s swift appeal of the initial bail grant.   On 26 November, Magistrate Judge Beth […]

Staff Writer
37

NBS earmarks N35 million for cybersecurity measures after website breach

The National Bureau of Statistics (NBS) has allocated N35 million for “Capacity Building on Cybersecurity and Data Centre Management” in its 2025 budget, nearly two weeks after hackers breached the bureau’s website. The cyberattack on December 18 raised concerns about the bureau’s digital security and led to the allotment of tens of millions of naira […]

Staff Writer
37

FBI most-wanted Nigerian cybercriminal Abiola Kayode extradited to U.S. from Ghana over multi-million dolllar email scam

Abiola Kayode, a 37-year-old Nigerian who had been on the FBI‘s Most Wanted Cyber Criminal List, has been extradited from Ghana to Nebraska, United States. This came after he was indicted in August 2019 for conspiracy to commit wire fraud. The United States Attorney’s Office, District of Nebraska, said in a statement on Thursday that […]

Staff Writer
20

Law enforcement seeks arrest of 601 bank customers tied to N11bn Flutterwave breach

The Nigeria Police Force has announced plans to arrest 601 bank customers linked to a significant breach involving Flutterwave, a leading fintech company.  This announcement was made yesterday following an investigation into a technical glitch that allowed unauthorised transactions totalling N21.2 billion ( $21.2 million) between October 12 and 13, 2023. Read also: Kenya govt […]

Modupeoluwa Olalere
37

PalmPay partners with NFIU to combat financial fraud, support Nigeria’s digital economy

Nigerian fintech business PalmPay will work with the Nigerian Financial Intelligence Unit (NFIU) and other government agencies to combat financial fraud and use technology to fortify the nation’s digital financial ecosystem, a statement by the fintech company said on Friday. The commitment was made during a courtesy visit by Chika Nwosu, PalmPay’s the Managing Director, […]

Staff Writer
39

FBI traces Bobo Chicago’s $2.8m scam to African Shrine; Wale Ogundana’s nightclub licence revoked

Agents of the U.S. Federal Bureau of Investigation have exposed a web of fraud connecting suspected Nigerian scammer Oluyomi Omobolanle Bombata, alias Bobo Chicago, to African Shrine, a nightclub in Las Vegas. The discovery consequently led the Nevada state government to revoke the club’s licence and ban its owner Wale Ogundana from engaging in nightlife […]

Staff Writer
37

Uganda seeks Interpol assistance to track hackers, masterminds of BoU multi-million dollar heist

Ugandan authorities have asked Interpol to investigate fraudulent transfers of $6 million to Japan and $7 million to England, following a cyber heist in which $13 million (Shs 47.8 billion) was stolen from the Bank of Uganda (BoU). Junior Finance Minister Henry Musasizi denied allegations that 62 billion shillings ($17 million) was taken, stating that […]

Staff Writer
39

FBI arrests suspected Nigerian fraudster “Bobo Chicago” for $2.8 million business email scam

The Federal Bureau of Investigation (FBI) has arrested Oluyomi Omobolanle Bombata, popularly known as “Bobo Chicago” and “Bola Flexx,” for allegedly orchestrating a business email compromise scheme that defrauded companies and individuals of $2.8 million in the U.S. The 25-year-old was taken into custody on November 20 in Chicago, Illinois, based on an arrest warrant […]

Staff Writer
20

Serengeti strikes: 1,000+ nabbed in cybercrime crackdown

INTERPOL announced the results of Operation Serengeti on Tuesday. This significant anti-cybercrime initiative, conducted from September 2 to October 31, led to the arrest of 1,006 suspects across 19 African countries. The operation aimed to combat various forms of cybercrime, including ransomware, business email compromise (BEC), digital extortion, and online scams. Read also: Hackers stole […]

Modupeoluwa Olalere
37

Hackers stole $17 million from Bank of Uganda, incident under investigation

Reports of a recent heist involving the seizure of substantial quantities of money have surfaced, drawing the Bank of Uganda (BoU) into yet another financial crisis. Allegedly, the pilfered money was transferred to overseas accounts located in Europe and Asia. Hackers are accused of breaking into the central bank’s IT infrastructure and stealing almost $17 […]

Staff Writer
16

Cybersecurity experts call for unified efforts to combat threats at ISC2 Nigeria conference

Cybersecurity experts and stakeholders at the ISC2 Nigeria cybersecurity conference have raised concerns over the lack of unified efforts to combat cyber threats in Nigeria. Held on November 13 at Four Points by Sheraton, Lagos, the event, themed “Leading the Cybersecurity Charge,” emphasised the urgent need for collaboration among organisations to strengthen the nation’s defences […]

Ibukunoluwa Josephine Bankole
37

Nigerian court jails six Internet fraudsters in Kwara

Kwara State High Court on Monday convicted six persons for Internet fraud after the Economic and Financial Crimes Commission (EFCC) filed a slew of charges against the suspects who were all men. Convicted fraudsters include Anthony Stephen, Timilehin Adeniyi, Olayiwola Ayomide Abdulmalik, Idris Muhammad, Ismail Mustapha, Oyekola Odunayo, and Anthony Stephen and were sentenced to […]

Staff Writer
37

Nigeria partners with Cisco to enhance cybersecurity

In an effort to fortify the country’s digital infrastructure, the federal government will construct a state-of-the-art cybersecurity and broadband laboratory in partnership with Cisco, a leading multinational cybersecurity corporation. Minister of Communications and Digital Economy, Bosun Tijani, on Wednesday announced the partnership on X (previously Twitter) following an inspection tour of the proposed facility. He […]

Staff Writer
37

Four Nigerian bloggers charged for cyberstalking GTCO

On Monday, the Nigerian Police re-arraigned four bloggers, Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami, on new charges before the Federal High Court in Lagos. They were charged with cyberstalking and spreading false information about the Guarantee Trust Holding Company on multiple social media platforms. Read also: GTBank trends on X as customers […]

Staff Writer
32

The Role of AI in Strengthening Africa’s Cybersecurity Landscape

As Africa becomes increasingly interconnected and digitally reliant, it finds itself at the forefront of battling cyber threats. Cybercrime has escalated to one of the fastest-growing concerns across the region, pushing businesses, governments, and individuals to seek more sophisticated ways to protect their digital assets. This brings Artificial Intelligence (AI) into the spotlight as a […]

Olanrewaju Adeniyi
32

Arc Browser’s customisation feature exposes users to Malware risk

Arc Browser, widely known for its innovative website customisation feature Boosts, recently encountered a severe security flaw that jeopardised user safety. A security researcher identified a vulnerability within Boosts that allowed attackers to inject malicious code into these customisations, potentially compromising user systems. Read also: Don’t fall victim: How to spot and avoid phishing scams […]

Olanrewaju Adeniyi
38

Digital platforms fraud cases rise, but losses drop in 2023 – Bank of Ghana report

The Bank of Ghana (BoG), in its yearly Financial Fraud Report, has disclosed that the number of fraud cases on the platforms of the various payment service providers (PSPs) has significantly increased. The apex bank, however, added in its report that despite the rise in fraud cases, the amount of money stolen or lost by […]

Staff Writer
20

Don’t fall victim: How to spot and avoid phishing scams targeting AppleCare+

AppleCare+ users looking for help or an extended warranty have been the target of a malicious operation. Scammers easily create fake messages that look a lot like real Apple emails, notifications, or help requests. Google advertising is used to trick people into visiting counterfeit GitHub websites owned by Microsoft. To steal money from careless people, […]

Modupeoluwa Olalere
16

EFCC denies hacking claims, attributes X account downtime to technical glitch

The Economic and Financial Crimes Commission (EFCC) has clarified the recent unavailability of its official X account, formerly known as Twitter, denying reports that it was hacked. The anti-graft agency explained that the account’s inaccessibility was due to a technical glitch during an update process. The EFCC’s official X account, which boasts over two million […]

Ibukunoluwa Josephine Bankole
16

Yahoo boys allegedly hack, delete Nigeria’s EFCC twitter (X) account

The official Twitter account of Nigeria’s Economic and Financial Crimes Commission (EFCC) has been inaccessible for three consecutive days, raising concerns of a possible cyberattack by suspected “Yahoo Boys”—a colloquial term for Nigerian cybercriminals. Disappearance of EFCC’s Twitter Account The account, which has over two million followers, disappeared from the platform, with checks on Thursday […]

Ibukunoluwa Josephine Bankole
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