Monthly Archives: September 2014

ICT worker suspected of hacking own bank in Nigeria

Godswill Oyegwa Uyoyou, an Information and Communication Technology (ICT) department worker at  Nigeria’s Skye Bank branch in Abuja, is wanted by Nigeria’s Economic and Financial Crimes Commission (EFCC) as the suspected head of a group of computer hackers who have stolen about £24 million from the bank.

Local news reports allege that Uyoyou – who was found to use a false address – and others hacked into the bank’s computers, redistributing funds between accounts.

Wilson Uwujaren, EFCC spokesman, told local reporters: “One Saturday, he [Uyoyou] took the ‘cyber gang’ to the bank under the pretext that he was going to carry out some maintenance work, allowing them access to hardware, and they commenced to penetrate the bank’s database,” and then increased the balances of some accounts. Uwujaren said the thieves were in the process

Read more at: http://www.scmagazineuk.com/ict-worker-suspected-of-hacking-own-bank-in-nigeria/article/371414/

NATO members to get cyber war protection

NATO members to get cyber war protection

NATO leaders meeting in Wales this week, including US President Obama and UK Prime Minister David Cameron, are set to impose a much tougher cyber defence policy and declare that a cyber attack on any one member country is an attack on them all – a move that one leading UK expert calls potentially “one of most significant developments in cyber warfare”.

The move will mean that all 28 NATO nations treat a cyber attack as seriously as physical warfare, with much more serious consequences for any country that ‘bullies’ a small NATO member.

The summit, which is being held at Newport’s Celtic Manor resort on 4,5 September, is the largest gathering of international leaders ever to take place in Britain. The main venue has been surrounded by a 10-mile ‘ring of steel’ of high-security fencing to protect against terrorist attacks.

And NATO has confirmed that the

Read more at: http://www.scmagazineuk.com/nato-members-to-get-cyber-war-protection/article/369026/