Beware of the doctrine of digital scams. They masquerade themselves as your bank customer representative, but inwardly they are ravaging digital scammers.
Digital scam is a serious threat, since the possibility that a harmful event, such as wiping money from bank account, could occur. These cyber criminals or digital scammers as the case may be, they always exploit a vulnerability or ignorant of the person or their target.
These cyber criminals always use this advantage since they know, most people do not have the relevant knowledge of how they launch their attack in other word, the people or targets are weak.
This weakness I’m talking about is the vulnerability, in other word the ignorant, that makes a target or a person susceptible to an attack. An attack is a deliberate exploitation or action carried out as a result of discovered weakness in computer information systems, but in this your bank account, either as specific targets or merely as targets of opportunity, i.e. to wipe your money or economic gain.
Also Read: Hackers Hit Bulgaria, Sensitive Data Stolen
Cyber criminals may have different motivations for selecting a target of an attack. Cyber criminals succeed by continuously searching for and identifying ways to trick or scam people to be believe they are legit or real, so that at the end the target might give more relevant information to the digital scammers for them to unleash their evil.
Disgruntled Employee: Possible Causes of Digital Scam
A disgruntled employee is any person in an organization that can give out sensitive information for profit or economic gain. Some people find their way into any type of job, not to only work for the company but for outsiders to achieve more economic gain.
Because of the increase in cyber attacks, one can find these kind of people in all sector of the economy. Disgruntled employees can really screw over a company’s reputation, as in the case of AshleyMadison.
In July 2015, a group calling itself “The Impact Team” stole the user data of Ashley Madison, a commercial website billed as enabling extramarital affairs.
The group copied personal information about the site’s user data base and threatened to release users’ names and personally identifying information if Ashley Madison would not immediately shut down.
On 18th and 20th of August, the group leaked more than 25 gigabytes of company data, including user details. Back in August 2015, the ‘dating’ site Ashley Madison was hacked, exposing married cheaters all over the world over.
86 per cent of the site’s users were men, from São Paulo, who had the most registered users of any city and it’s mainly used by rich, powerful men. But what became of the marriages of the guilty parties, whose secret infidelity was suddenly not-so-secret at all?
One man who was exposed in the hacking has now spoken out about what happened to him in an article for the LA Times. several high-profile members of the site were revealed to the public.
No thought, Digital scam has entered into Nigeria banks. This is how they operate.
- They will use your bank name to call you. That is, the called ID or name which suppose to be your bank customer care unit number will appear with the bank name. For example UBA, ZENITH BANK, UNION BANK, GTB, just to mention a few. He or she will tell you that he is your bank customer’s care.
- They will tell you that your account with them have problems. Worst if you have many thousand to billions in your account.
- They will tell you your account number and your BVN number.
- They will tell you exactly the last transaction you did and where you did it and your last balance. In this stage you might tends to believe they are legit.
- The day you opened the account and the location. This sounds fantastic.
- Your ATM Number but not the pin. This stage is really interesting.
- Your Names and date of birth. Wao.
- They will then ask your ATM PIN???
They may tell you the two digits of your ATM number. If you give them the PIN all your money will be withdrawn to the last kobo. They used this means and withdrew millions from people’s account.
No that, disgruntled employee have found their way into the banking sector. I can’t say that, the digtal scammers hacked the victims account because if they really do, they will have access to all your details including your password or the pin of your ATM card.
So I believe there might be a person (disgruntled) giving out vital information to the digital scammers or hackers to perpetrate their evil. in January 2019 alone, about 1.76 billion records were leaked, a collection from breach containing user info and plain text passwords for about 772 million people and CVs containing sensitive information. Data breach is on increase, watch out.