banks losses to fraudsters news

  1. Nigeria Business News

    Business Banks risk $350bn loss to cyber-attacks — IMF – Vanguard News Nigeria

    THE International Monetary Fund said that the global banking system could lose about $350 billion to cyber-attacks. IMF Managing Director, Christine Lagarde disclosed this while making the call for better regulation of the banking system as a requirement for building a safer, more … Read...
  2. Nigeria Business News

    Business H1’18: Banks’ losses to fraudsters rise by 1,446% to N12bn – Vanguard News Nigeria

    Central Bank of Nigeria (CBN) has reported a staggering 1,446 percent rise in banks’ losses to fraudsters amounting to N12 billion within the first six months of 2018. The apex bank reported this in its 2018 Half-Year Report (H1’18) released last week, while lamenting prevalence of … Read...
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