Stakeholders demand better security as banks lose N42.6bn to fraud

Stakeholders demand better security as banks lose N42.6bn to fraud

Cybersecurity experts have stated that Nigerian banks must bridge the widening technology adoption gaps and closely track insider threats after losing N42.6bn to fraud between April and June 2024. The Financial Institutions Training Centre revealed the loss in its Q2 2024 Fraud and Forgeries Report, noting that the figure surpassed the total fraud-related losses recorded

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