Business Watch
GT Bank Customers Panics as Website is Reportedly Taken Over by Hackers
Nigeria’s leading bank, GTBank, has fallen victim to a cyberattack, resulting in its website being inaccessible since Wednesday night. The breach occurred shortly after the bank renewed its domain name for five years, sparking concerns about the security of customer data.
Although no hacking group has claimed responsibility, experts suggest that the attackers may have created a fake HTTP layer to steal customer information through phishing. A cybersecurity expert believes that the bank’s login credentials might have been compromised, rather than the domain being stolen.
GTBank customers have taken to social media to express frustration about the inability to access the website for transactions. The bank’s representatives have urged patience and directed customers to alternative channels for assistance.
Fortunately, the bank’s mobile apps remain operational, allowing customers to continue banking services. The incident highlights the growing threat of cyberattacks on financial institutions and the need for robust cybersecurity measures to protect sensitive customer information.
GTBank, one of Nigeria’s largest financial institutions, serves millions of customers across Africa, making this breach a significant concern for the banking sector. An official statement from the bank is yet to be released, and the situation is being closely monitored.
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