NITDA Alerts Nigerians About Malware Stealing Banking Details

The National Information Technology Development Agency (NITDA) has issued a warning to Nigerians about a banking malware that targets users worldwide through sophisticated phishing campaigns.

The advisory was released by NITDA’s Computer Emergency Readiness and Response Team on Monday.

According to the agency, the latest version of the Grandoreiro malware poses a serious threat, employing advanced techniques like screen overlay attacks and remote device control to steal sensitive information, including banking credentials and personal data.

NITDA explained that the malware is primarily spread through phishing emails and fraudulent websites, which trick users into downloading malicious software disguised as legitimate updates or documents.

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Once installed, the malware bypasses security measures, granting attackers unauthorized access to users’ devices. NITDA cautioned that this could lead to financial losses and identity theft.

The agency urged the public to be vigilant and implement recommended security measures to reduce the risk.