Hackers hit ATMs in Lagos state

Hmmm, I remember posting a warning concerning ATM fraud sometime last month, well the said day has come. According to punch newspapers, a large number of Automated Teller Machines located in some high brow areas of Lagos like Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi have been hit by hackers and electronic fraudsters.
The hackers were said to have fixed 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.
Top bank officials privy to the development said a number of banks had deployed detectives to monitor their ATMs in those locations, especially in the Victoria Island and Lekki axis.
A banker who spoke with Punch  correspondent said, “A number of the ATMs in Victoria Island and Lekki axis have been compromised by hackers. Some of these fraudsters visit those ATMs very late in the night or very early in the morning to fix some fraud devices on them, which are capable of collecting cardholders’ information, including their passwords.
“They come back later to remove those devices.The information collected is then used to commit fraud against those customers later.