CBN Warns of Rising Fraudulent Messages

The Central Bank of Nigeria has issued a public warning regarding a rise in fraudulent communications and cyber-attack attempts targeting individuals, urging increased caution in digital engagements.

The advisory was communicated in a statement by Hakama Sidi-Ali, who noted that misleading messages falsely attributed to the bank have been circulating across various platforms.

“The Central Bank of Nigeria wishes to alert members of the public to the circulation of fraudulent messages, emails, and online communications purporting to originate from or be associated with the Bank, which are intended to misinform members of the public.”

According to the bank, these deceptive communications are designed to extract sensitive personal data by encouraging recipients to click malicious links or accept false narratives about its operations.

“These fraudulent messages, which prompt recipients to click links, peddle false information about the Bank’s leadership, licensing, and policy issues, and are intended to hack personal accounts,” it stated.

The bank emphasised that cyber threats are becoming increasingly sophisticated and advised the public to rely solely on verified channels, particularly its official website, for accurate information.

It also encouraged individuals to avoid interacting with suspicious messages, verify all communications, and report any suspected fraud to appropriate authorities.

“The CBN remains fully committed to safeguarding the Nigerian financial system and continues to strengthen its cybersecurity frameworks in collaboration with relevant agencies to protect the public against digital fraud,” it added.

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