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EFCC nabs 3 for hacking into bank’s data base

By Ifeanyi Okolie

LAGOS — The Economic and Financial Crimes Commission, EFCC, yesterday said it has uncovered a three-man syndicate who specialised in hacking into data base of banks and other financial institutions.

Hackers

Spokesman for the EFCC, Wilson Uwujaren, who gave the identities of the suspects as Ola Lawal, Olumide Kayode and Abass Adekunle, said they met their waterloo when they attempted to compromise the data base of Enterprise Bank Plc and steal depositors’ funds using an electronic device known as Keelog Key Grabber.

Wilson disclosed that their arrest was made possible by an insider who revealed to the bank’s management that some fraudsters were planning to gain access to its network, using the Keelog Key Grabber device.

He said a staff of the bank was contacted by one of the suspects, who proposed a business arrangement to him on how to hack into the bank’s system. The staff subsequently informed the management of the bank and he was instructed to play along.

According him, “they agreed that the Keelog Key Grabber device would be used to harvest passwords of some of the key operation staff of the bank. The grabber was meant to be plugged into the computer system of the Head of OperationS of a particular branch to retrieve information technology configuration settings from the computer system and pave the way for the fraudsters to move customers’ funds out of the bank.”

Wilson further explained that Lawal was arrested while trying to hand over the Keelog Key Grabber to the staff. His arrest led to the arrest of two other suspects, Olumide Kayode Maborukoje and Abass Ajibade.

“Items recovered from them include a keylogger, a laptop, a router, a modem, sim cards, USB keyhole log with a template of keylogger and a jotter containing some account numbers which they intended to use for the fraud.

- See more at: http://www.vanguardngr.com/2014/09/efcc-nabs-3-hacking-banks-data-base/#sthash.zqMLToIB.dpuf

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