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Home News Catch-Up ATM Fraud Banks Lose N159 Billion to Cyber Crime -
Banks Lose N159 Billion to Cyber Crime -
Monday, 23 June 2014 02:41

Banks Lose N159 Billion to Cyber Crime
The organisation, however, added that the successful switch from magnetic stripe for automated teller machine (ATM) cards in 2009 to a more secure chip and PIN cards led to a drastic reduction in e-fraud to the tune of N21.72 billion with a further ...





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