TWO NIGERIAN BIG BOYS HAVE BEEN ARRESTED IN INDIA ON SUSPICION OF HACKING INTO A BANK NETWORK AND STEALING FUNDS.

The police in India have arrested two Nigerian men for allegedly conducting phishing attacks and breaking into a cooperative bank network in the state of Tamil Nadu.

The suspects, identified as Augustine, 40, and Ekene Godwin, 30, are also accused of stealing 10 lakhs from a bank in Gujarat. According to the Times of India, in Tamil Nadu, they used a cyber tool called Key Logger to break into the cooperative bank network, whereas in Gujarat, they used a tool called Sweet-32.

Banks typically do not connect their core systems to the internet in order to avoid spyware and cyber-attacks. In this case, Augustine sent phishing emails to bank officials.

On November 18, they clicked on the link, and the embedded software Key Logger and NG Rok were downloaded and entered into the system without alerting the bank officials. The gang accessed three accounts, made 32 transactions, and stole 2.5 crore in November 2022.