Tuesday, 7 April 2015
Hackers hit ATMs in Lagos, device means to collect pins & ATM card data
ATMs located in highbrow areas in Lagos particularly in Victoria Island and Lekki, might have been compromised following reports of hackers planting fraud devices on some machines so as to get the pin codes and other details of the ATM cards of unsuspecting users and use them to carry out fraudulent activities.
A banker who spoke with Punch said "A number
of the ATMs in Victoria Island and Lekki axis have been compromised by hackers. Some of these fraudsters visit those ATMs very late in the night or very early in the morning to fix some fraud devices on them, which are capable of collecting cardholders’ information, including their passwords. They come back later to remove those devices.
A banker who spoke with Punch said "A number
of the ATMs in Victoria Island and Lekki axis have been compromised by hackers. Some of these fraudsters visit those ATMs very late in the night or very early in the morning to fix some fraud devices on them, which are capable of collecting cardholders’ information, including their passwords. They come back later to remove those devices.
The information collected is then used to commit fraud against those customers later. Most of us (banks) are aware of the development and we are very vigilant now. What some of us have done is to get a patrol team of security men to start combing the affected areas and the ATMs from time to time. We will get those guys soon.” the anonymous banker said
Also confirming the report, the Vice-Chairman, Committee of e-Banking Industry Heads, Mr. Dele Adeyinka said banks have recently installed anti-skimming devices on their ATMs so as to checkmate such illicit activities.
“Yes, it is true that hackers are carrying out those activities. It is not only in Victoria Island axis, they are doing it everywhere. But all the banks have complied with the CBN directive on anti-fraud tools. So, it will be difficult for those fraud devices to work.”he said
While some of the cardholders’ information collected by the fraudsters were being used to commit online-related frauds locally, a large number was used to clone ATM cards and used to shop in malls abroad, especially in the US.
As a way to checkmate the activities of these fraudsters, the Central Bank of Nigeria in January this year issued a directive to all Nigerian banks to prevent payment cards (debit and credit) issued by them from working in fraud-prone countries, including the US, South Africa and China and that they would be liable for any fraudulent transaction carried out in those countries using a customers cloned ATM card. The CBN in another circular released on February 1, 2015, instructed all Nigerian banks to stop the payment/ATM cards from working in non-Europay, MasterCard and Visa countries. The circular stated that ATM cards that would work in designated countries must be activated only during the period the customer would be spending outside Nigeria.
The circular which was signed by the Director, Banking and Payment System, CBN, Mr. Dipo Fatokun, reads in part, “The occurrence of card present frauds in non-EMV environments is on the increase, especially when international hybrid cards issued by Nigerian banks are used in non-EMV environments like the USA. It has, therefore, become necessary for the CBN to issue the following directives and that all DMBs should do the following: collate all their card frauds abroad and send to the CBN not later than January 30, 2015; subsequently, all data on card frauds occurring abroad should be rendered on the NIBSS fraud portal; implement anti-fraud solution on their card management systems not later than January 30, 2015; ensure that from February 1, 2015, only customers that expressly indicated the intention of travelling to non-EMV jurisdictions would have their cards default to the magnetic stripe and for the period indicated by the cardholder only.”
Monday, 6 April 2015
Beyonce releases surprise song on Tidal
Pop star Beyonce has surprised fans with a new single and video, released on Saturday to the Tidal streaming service, in which she is a co-owner.
Die With You is a simple ballad, which the superstar performs alone, seated behind a black baby grand piano.
"I wake up just to sleep with you," she sings to the cameraman who, at the end of the video, is revealed to be her husband, Jay Z.
The couple celebrate their seventh anniversary this weekend.
Both of them are co-owners in Tidal, which was relaunched last week in a star-studded New York ceremony.
Artists including Arcade Fire, Daft Punk, Jack White, Kanye West, Madonna, Rihanna and Usher all appeared at the event, signing a declaration that promised to "re-establish the value of music" and protect "the sustainability of the music industry".
The paid-for service pitches itself as "the first artist-owned global music and entertainment platform" and promises musicians a greater share of royalties when their music is streamed on the site.
Key to attracting consumers away from rivals like Spotify, Deezer and Rdio is the promise of exclusive content, of which the Beyonce track is the first high-profile example.
Other exclusives include footage of The White Stripes' first ever TV appearance, on Detroit public television, and Daft Punk's feature film Electroma.
Beyonce's shook up the music industry in 2014 when she released her fifth album on iTunes overnight.
The "stealth release" strategy broke iTunes sales records - in just 48 hours, it sold 68,000 copies in the UK, charting at number five in its debut week.
Several artists, including Kendrick Lamar, Drake and U2, have since released "surprise" albums.
An explosion has ripped through a chemical plant in south-eastern China's Fujian province, sparking a major fire.
The blast occurred on Monday evening at the plant in Zhangzhou. State news agency Xinhua reported one injury.
The plant produces paraxylene (PX), a flammable chemical used in polyester and plastics manufacturing.
The location of PX plants in China has sparked protests from residents, including violent demonstrations last year in Guangdong province.
Many residents fear pollution from the plants is hazardous to health.
Look at this headline on Financial Times about Tinubu
I hear everywhere you go these days, people are giving Pres. Jonathan a standing ovation. He's taught all our politicians that politics is not a do-or-die thing...and if you get beat, you step the heck down.
He said it! Listen to audio recording of Oba of Lagos threatening Igbos in Lagos
Wow a must listen!!!... This floored me. Is this democracy? Please listen to the Oba of Lagos threatening the Igbos in Lagos if they
vote for anyone but Ambode this Saturday. Listen...
vote for anyone but Ambode this Saturday. Listen...
Fear Of Buhari:- Have You All Noticed This? Wind Of Change Blowing Already
– Nigerian Army finds Buhari’s certificate
– Missing $20b found with Zenith bank
– NTA calling GMB masters degree holder
– Dezieni visits Abdulsalami
– Industrial training funds began payment of outstanding they have been owing students for more than 2yrs
– Nigeria stock market recorded a gain of N906B , biggest gain in 50yrs Naira made a gain of N27 against the dollar.
– Numerous filling stations that were padlocked under the pretext of fuel scarcity suddenly opened gates for business.
– The war on corruption and indiscipline has already started.
This is d change we yearn for.
Why should anyone reject this? Drop your comment.
Newlyweds flying in to surprise family for Easter die when their private plane crashes
Newlyweds Dr Margaret-Ann Rous and her husband David died when their private plane ploughed into a hillside in Scotland over the weekend while making a surprise visit to see family for Easter.
The couple, who have been married for a
few months, were flying in the woman's Piper Cherokee from Dundee to spend the weekend with her mother and sister in Tiree. But radar contact was lost at around 1.50pm on Saturday in the remote Beinn Lus area of Glen Kinglass, near Oban. Six hours later the wreckage of the plane was discovered, along with their bodies.
few months, were flying in the woman's Piper Cherokee from Dundee to spend the weekend with her mother and sister in Tiree. But radar contact was lost at around 1.50pm on Saturday in the remote Beinn Lus area of Glen Kinglass, near Oban. Six hours later the wreckage of the plane was discovered, along with their bodies.
Dr Rous, 37, is believed to have worked as a family doctor at Stobswell Medical Practice in Dundee.
She married her 28-year-old husband last July. It is understood that they were soon to move into a larger house and were planning to start a family.
Poignantly, along with photographs of their wedding, her Facebook page has pictures of them wearing pilot headsets.
Dr Rous is survived by her mother, widow Catriona MacLean, and sister Johann, who both live on Tiree.
INEC releases statement concerning Card Readers & the upcoming Guber elections
Independent National Electoral Commission has issued a press statement to clarify on the ongoing rumour of whether card readers will be used in the upcoming Governorship election. Statement below
The Independent National Electoral Commission wishes to inform all Nigerians that Card Readers will be used for the April 11, 2015 Elections.
The provision of the Guidelines for the conduct of the 2015 General Elections which outlined what is to be done if a Card Reader fails and cannot be replaced by the Commission within a specified time frame (i.e. Reschedule the election to the next day) will be enforced.
2. The relaxation of the Guideline on 28th March 2015 was only with respect to the Presidential and National Assembly elections held on that date.
3. The Commission has reviewed the operation of the Card Reader in the 28th March Elections, identified the challenges and has taken adequate measures to address them.
Mrs. Augusta C. Ogakwu,
Secretary to the Commission
2nd April, 2015
Karen Igho expecting first child? Releases pic and message to mark birthday
Her message below..."Today I am a year older, Normally I would have thrown a party but this year I find myself reflecting back on my life, I have been through a lot but yet I am alive, strong and healthy. I feel complete, I am tempted to say I have it all. I have been blessed with a wonderful,loving and caring husband who loves me for me and the most amazing family.
Things I thought mattered don't really matter any more, as I grow older the more wiser and mature I get.
I never felt this type of happiness with the fame and money.
I want to thank my Heavenly Father for his guidance and protection and for seeing me through all the tough times in my life
As I step in to this new chapter of my life I need you oh Lord to lead me every step of the way.',
Why Jonathan lost to Buhari – Emir of Kano Muhammadu Sanusi speaks
high level of poverty in the nation played a deciding factor in the voting pattern in this year's election. He said the PDP had in previous elections consistently lost in areas that President Obasanjo had majority of votes when he contested.
"I think in 2011, it was very clear that Jonathan had lost many states in the North that had previously been won by former President Olusegun Obasanjo. And it was clear that there was a general sense by people of the Federal Government not investing in the areas where there is a high level of poverty. I believe more and more of those states began to feel that sense of not feeling the federal presence and not feeling the impact of democracy in their pockets. And I think it is extremely important for people to connect with the government and when you have such conditions after 16 years of democracy, it was natural that people would want to have a change and I think this is basically what has happened. I don’t think it is something about an individual, I think it is something that has been going on for a number of years and you could see the states won by the PDP in 1999 and what they won in 2003, what they won in 2007, 2011 and you would begin to see the changes in the way Nigerians were responding so it was a matter of time.”he said
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