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HomeTechBanks Lose N10Bn to Cyber Fraud in 2023’

Banks Lose N10Bn to Cyber Fraud in 2023’

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Stakeholders in the banking and financial ecosystem, yesterday, decried the surge in cyber fraud as Deposit Money Banks (DMBs) lost N10 billion in the second quarter of 2023, representing almost 300 per cent year-on-year compared to the previous year. At a Mastercard forum convened to tackle fraud and cybersecurity threats in the financial sector, Kari […]

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