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Three Hackers Arrested For Attempted Bank Fraud

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested three members of a syndicate of scammers after they attempted to defraud Enterprise Bank Plc.

The three men are Ola Lawal, Olumide Kayode and Abass Adekunle.

They were arrested while attempting to compromise the bank’s system and steal depositors’ funds using an electronic device known as Keelog Key Grabber.

Their arrest was made possible by a staff of the bank who revealed to the management that some fraudsters were planning to gain access to its network, using the Keelog Key Grabber.

EFCC Investigations showed that the staff, Owolabi Agboola, was contacted by one of the suspected fraudsters who proposed a deal to him on how to hack into the system of the bank.

Agboola subsequently informed management of the bank and he was instructed to play along with the fraudster.

In the deal, the Keelog Key Grabber 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 and pave the way for the fraudsters to move customers’ funds out.

Lawal was arrested while trying to hand over the keyloggoer to Agboola.

His arrest led to the arrest of the two other suspects.

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.

Spokesman for the EFCC, Wilson Uwujaren, said the suspects would be charged to court as soon as investigations are concluded.