EFCC arrests three for hacking into bank’s system

THE Economic and Financial Crimes Commission (EFCC) has arrested three suspects, who allegedly attempted to compromise the Enterprise Bank’s system and steal depositors’ funds. The suspects were said to have failed to get access to the bank’s network.

A statement yesterday in Abuja by EFCC’s Head of Media and Publicity, Mr. Wilson Uwujaren, said the arrest was made possible by a worker, who cried out that the bank’s system was about to be hacked into. The statement said: “Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a syndicate of scammers for attempting to defraud Enterprise Bank Plc. Ola Lawal, Olumide Kayode and Abass Adekunle were arrested following a botched attempt to compromise the bank’s system and steal depositors’ funds, using an electronic device known as Keelog Key Grabber.

“The trio’s arrest was made possible by an insider, who revealed to the bank’s management that some fraudsters were planning to gain access to its network, using a device called Keelog Key Grabber. “Investigations showed that a worker of the bank was contacted by one of the suspected fraudsters, who proposed a business arrangement to him on how to hack into the system of the bank.”

The EFCC added that the worker subsequently informed the management of the bank and he was instructed to play along with the fraudster.

“In the arrangement, an electronic device called Keelog Key Grabber would be used to harvest passwords of some of the key operation workers of the bank. “The grabber was meant to be plugged into the computer system of the Head of Operation of a particular branch, to retrieve the information technology configuration settings from the computer system and pave the way for the fraudsters to move customers’ funds out of the bank.

“Lawal was arrested while trying to hand over the Keelog Key Grabber to the worker. His arrest led to the arrest of two other suspects: Olumide Kayode Maborukoje and Abass Ajibade,” the statement added. Items recovered from the suspects 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.

The anti-graft body said the suspects would be charged to court as soon as investigation is concluded.