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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»Hackers target ATMs on Lagos Island
    ATM Withdrawal

    Hackers target ATMs on Lagos Island

    0
    By Paul Adepoju on April 8, 2015 News, Technology in Africa

    Automated Teller Machines (ATMs) in various parts of Lagos Island are reportedly being targeted by hackers.

    According to reports, the affected ATMs are located at various parts of Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi.

    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.

    Confirming the incidence, the Vice Chairman of the Committee of e-Banking Industry Heads, Mr. Dele Adeyinka, said that following the banks’compliance with the CBN directive asking them to install anti-skimming devices on their ATMs, it would be difficult for the fraudters’ devices to work.

    He said, “Yes, it is true that hackers are carrying out those activities. It is not only in Victoria Island axis, they are doing it everywhere. But all the banks have complied with the CBN directive on anti-fraud tools. So, it will be difficult for those fraud devices to work.”

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