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Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings

Sterling Financial Holdings reports 89% surge in profit

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Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings

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Tag: Hackers

Hackers breach North Korean spy group’s computer
Tech

Hackers target education tech firm in major data breach

Education technology company Instructure has confirmed a data breach that exposed students’ private information, with the hacking and extortion group ShinyHunters claiming responsibility. The group says it accessed students’ names, personal email addresses, and messages exchanged between teachers and students — categories of data the company acknowledged were compromised. Instructure has become the latest major […]

Hackers breach North Korean spy group’s computer
Business

Italy okays extradition of Chinese hacker wanted by US

Italy has approved the extradition of a Chinese national sought by United States authorities over hacking allegations, including the theft of COVID-19 medical research, according to Reuters citing a source familiar with the case. The move, first reported by Bloomberg, comes after an Italian court ruled earlier in April that Xu Zewei was eligible for […]

Hackers breach North Korean spy group’s computer
Tech

US, others dismantle world largest cybercrime networks behind global attacks

Cybercrime specialists from Germany, the United States, and Canada have dismantled two of the world’s largest botnets, Aisuru and Kimwolf, believed to be responsible for major online attacks. Authorities announced on Friday that the coordinated international operation successfully shut down the massive bot networks. They said the networks “posed a significant threat to IT infrastructure […]

North Korean hackers intending to liquidate millions in stolen crypto, FBI warns
Tech

Hackers target Japan’s midsized brokerages amid rising online threats

Cybercriminals are intensifying attacks on Japan’s midsized brokerages, exploiting vulnerabilities in online trading platforms as the country’s largest securities firms implement robust safeguards. Okasan Securities and Iwai Cosmo Securities confirmed they were hit by fraudulent trading schemes, with Iwai Cosmo reporting unauthorized access to client accounts leading to illicit trades in Japanese equities, according to […]

Chinese hackers hack US Commerce chief's emails
Crypto

Hackers bribed our staff to access customer data – Coinbase

Coinbase, a leading cryptocurrency exchange, disclosed on Thursday that cybercriminals bribed overseas customer support agents to steal sensitive customer data, which was then used in social engineering attacks. The breach, detailed in an SEC filing, could cost the company up to $400 million to remediate, Coinbase estimated. The incident came to light on May 11 […]

Iranian hackers target US elections, Microsoft warns
News

Hackers steal $17m from Bank of Uganda accounts

Hackers breached the Bank of Uganda’s systems, stealing 62 billion shillings ($17 million), according to New Vision. The attack was attributed to a Southeast Asia-based group called “Waste,” the Kampala-based newspaper reported on Thursday, citing anonymous sources. The bank reportedly managed to recover approximately 37 billion shillings of the stolen funds. According to reports, the […]

Iranian hackers target US elections, Microsoft warns
Crypto

Hackers stole $1.7bn crypto in 2023 – Report

In 2023, cryptocurrency platforms experienced approximately $1.7 billion in theft due to hacker attacks, a significant drop of 54.3% from the previous year, a report released by Chainalysis on Wednesday said. The crypto industry continues to grapple with cyber attacks, which remain a major concern and contribute to the skepticism of regulators worldwide towards cryptocurrencies. […]

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