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Nigerian bank IT worker on the run after $40m cyber heist

  • September 15, 2014
  • 3 replies
  • 16 views

Jasper_The_Rasper
Moderator
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by John Hawes on September 15, 2014
 
 http://sophosnews.files.wordpress.com/2014/09/naira_ss_170.jpg?w=640A Nigerian IT worker is wanted by police after a major cyber-heist at the bank where he was employed.
38-year-old Godswill Oyegwa Uyoyou is alleged to have brought a team of other conspirators onto bank premises disguised as maintenance workers, and assisted them in accessing bank computer systems.
Once in, they proceeded to initiate transfers amounting to 6.28 billion Nigeria Naira ($40 million, £23.5 million), with the money believed to have ended up in bogus accounts controlled by the gang.
They were apparently in the process of withdrawing funds when their activities were spotted.
Local reports kept the name of bank quiet, describing it only as "a new generation bank", but others have named it as a branch of Skye Bank, a Nigeria-based banking group operating across western and central Africa.
 
Full Article.

3 replies

nic
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  • Retired Webrooter
  • September 15, 2014
So wait, if I get an email from this guy asking for help getting his money out of the country, it might actually be legit? 🙂

superssjdan
Community Leader
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  • Community Leader
  • September 15, 2014
Hopefully they find this guy and dismember him.Send him back to his family and friends in boxes and show as warning that this will not be tolerated.

  • Community Guide
  • September 19, 2014
By Jeff Goldman  |  Posted September 18, 2014
 
Nigeria's Economic and Financial Crimes Commission (EFCC) recently issued a warrant for the arrest of Godswill Oyegwa Uyoyou, 38, a member of the IT staff at a Nigerian bank (which Finextraidentifies as Skye Bank), for allegedly hacking into the bank's database and stealing more than 6 billion Naira (approximately $37 million).
Sophos reports that Oyoyou allegedly brought a group of other conspirators into the bank disguised as maintenance workers and helped them access the bank's computer systems, after which they transferred the stolen funds to fraudulent accounts under the group's control.
No arrests have yet been made, and the bank hasn't yet send whether it was able to recover any of the stolen funds.
 
eSecurityPlanet/ full article here/ http://www.esecurityplanet.com/network-security/it-employee-charged-with-37-million-bank-heist.html