By Uzair Adam
The National Information Technology Development Agency (NITDA) has warned Nigerians about new banking malware that targets users worldwide through advanced phishing campaigns.
In a statement released on Monday, NITDA’s Computer Emergency Readiness and Response Team described the malware, known as Grandoreiro, as a significant threat.
It uses sophisticated techniques, including screen overlay attacks and remote device control, to steal sensitive information such as banking credentials and personal data.
The agency explained that the malware is primarily distributed through phishing emails and fraudulent websites that trick users into downloading malicious software disguised as legitimate updates or documents.
Once installed, it bypasses security measures, giving attackers unauthorized access to victims’ devices.
NITDA cautioned that the malware could lead to financial losses and identity theft.
To prevent such outcomes, the agency advised Nigerians to avoid clicking on links or downloading attachments from unknown emails.
Additionally, the public is urged to download software only from trusted sources.
This precaution can reduce the risk of accidentally installing harmful programs disguised as legitimate files.
The agency also emphasized the importance of enabling multifactor authentication for online banking and financial accounts.
This measure provides an added layer of security to protect sensitive information.
Keeping antivirus software updated is another critical step recommended by NITDA.
The agency also advised against using public Wi-Fi for financial transactions, as these networks are often vulnerable to cyberattacks.
Lastly, NITDA urged Nigerians to regularly monitor their bank accounts for unauthorized activities, which can help detect and promptly address suspicious transactions.
“Cyber threats like Grandoreiro are evolving, and users need to stay vigilant and adopt robust security practices to protect their information,” NITDA said in its statement.
The agency called on the public to adhere to these security measures to safeguard their financial and personal data.