Two PremiumTrust Bank staff and three others have been arraigned for allegedly attempting to hack into the bank’s server to steal customer funds. The bank says its security systems stopped the breach.
- EFCC charged five suspects, including two PremiumTrust staff, with cybercrime
- They allegedly tried to access the bank’s server and manipulate its domain codes
- All pleaded not guilty; the judge ordered their remand pending formal bail applications
- Trial set to begin on June 30, 2025
- PremiumTrust confirms no data was breached, thanks to its security systems
This case stirs deep concern over insider threats in Nigeria’s banking sector. The alleged breach, involving staff with system access, shows how fragile digital trust can be. Thankfully, PremiumTrust’s internal security flagged and blocked the attempt before harm was done — but it’s a wake-up call. As cyberattacks grow more sophisticated, even the people inside the vault can pose risks.
If internal staff could get this close, how safe is your money? And will more banks come forward with similar close calls?
