Manipulation Forms 56% Of N5.2Bn Banks Lost To Online Crime In 2020

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Online criminals in 2020 made away with N5.2 billion from digital banking channels such as the web and mobile, mostly through a technique known as social engineering. Social engineering is the psychological manipulation of people to gain confidential information. In the case of Nigerian banking customers, it involves receiving emails from online criminals or fraudsters…

– Businessday

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