PremiumTrust Bank finally opens up about attempted cyberattack, sends important message to customers and stakeholders

• One of the astir precocious licensed commercialized banks successful Nigeria, PremiumTrust Bank, has reported an attempted cyberattack
• The slope stated that it instantly notified the EFCC and different instrumentality enforcement agencies to instrumentality enactment connected the matter
• PremiumTrust Bank has released an authoritative connection astir the incidental and told customers what happened during the attack

Legit.ng writer Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

PremiumTrust Bank precocious thwarted an attempted cyberattack aimed astatine gaining unauthorized entree to its database. The bank’s interior IT squad rapidly detected and neutralized the breach, preventing immoderate nonaccomplishment of lawsuit information oregon funds. Following the incident, the Economic and Financial Crimes Commission (EFCC) arrested 5 suspects connected to the hacking conspiracy and commenced prosecution.

After a caller attempted hack connected its database and infrastructure, PremiumTrust Bank has released an authoritative connection connected the incident.

Premium Trust Bank is simply a Nigerian commercialized slope licensed by the Central Bank of Nigeria (CBN) to connection fiscal services successful the country.

The authoritative connection from PremiumTrust Bank explained that the incidental progressive an effort to summation unauthorised entree to its database, but the effort was swiftly detected and wholly neutralized by the interior IT surveillance team.

PremiumTrust Bank is licensed by the CBN to run arsenic a commercialized slope successful Nigeria. Photo credit: PremiumTrust Bank
Source: UGC

The interior teams utilized precocious information protocols to instantly neutralize the hack effort and study it to the instrumentality enforcement authorities.

According to the connection from the bank, the suspects person been arrested by the Economic and Financial Crimes Commission (EFCC) and are present facing prosecution.

PremiumTrust Bank sends connection to customers, stakeholders

PremiumTrust Bank reassured its customers and stakeholders that its cybersecurity strategy showed resilience successful the incident, preventing the hackers from getting done to the system.

Its connection read;

“The incidental intelligibly validates the effectiveness, vigilance, and sophistication of PremiumTrust Bank’s cybersecurity framework. It further proves that our strategy functions precisely arsenic intended, detecting, blocking, and escalating threats without compromising lawsuit spot oregon data. “The individuals present facing proceedings astatine the Federal High Court, Lagos, were prevented from executing their malicious plan.”

The slope thanked the EFCC for responding swiftly and professionally, and besides tracking down the syndicate and collaborators, the PUNCH reports.

PremiumTrust Bank promised that it would proceed to put successful innovative cybersecurity solutions, AI-driven menace intelligence, and unit cybersecurity grooming to support customers’ information and deposits utilizing a world-class multi-layered information infrastructure.

Cyberattacks person go a recurring menace successful caller times, and adjacent MTN suffered a large breach of its infrastructure immoderate months ago.

EFCC arraigns 5 suspects for attempted cyberattack

Legit.ng reported that the EFCC had arraigned 5 suspects earlier a Federal High Court successful transportation with a purported conspiracy to breach PremiumTrust Bank's server and embezzle lawsuit funds.

Cyberattacks person precocious go rampant, forcing Nigerian banks to upgrade their banking cybersecurity infrastructure. Photo credit: Picture Alliance
Source: Getty Images

The suspects see 2 bankers and employees of PremiumTrust Bank, Kehinde Odeyemi and Matthew Adeniyi Damilola, and 3 others, Samson Latshin Dakup, Bolaji Omotosho Yinka, and Sunday Badeniyi Okunola.

According to the commission, betwixt April and May 2025, the defendants planned to change the bank's server entree codes and domain credentials to get unauthorized entree to its database.

Scammers hack Nigerian bank, bargain N10 billion

In related news, different Nigerian bank, Hope Payment Service Bank, lost N10 cardinal to a cyberattack in July 2024.

Legit.ng reported that a national precocious tribunal sitting successful Abuja ordered the freezing of 818 slope accounts suspected to person received proceeds of the crime.

According to the question marked FHC/ABJ/CS/1358/2024, filed against James Akagwu Isaac, Akwubo Gosent, and others, including respective banks, the IGP’s ineligible squad said that the accounts via which the defendants were alleged to person received the transgression proceeds were nether investigation, hence the freeze.

PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!

Source: Legit.ng