• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Financial Services

How to protect your bank accounts from hackers and fraudsters

Emmanuel Abara Benson by Emmanuel Abara Benson
July 12, 2020
in Financial Services
SMEs in Nigeria were major victims of cyber-attacks in 2022.

Cybercrime

Share on FacebookShare on TwitterShare on Linkedin

There has never been a time we should all be more concerned about the security of our bank accounts. There are too many scammers/internet fraudsters on the prowl, and they are constantly devising new sophisticated methods to steal your money.

In April this year, the Central Bank of Nigeria (CBN) issued a fraud alert to the Nigerian public about the alarming rate of cybercrime activities in the country. According to the apex bank, cybercriminals resorted to taking advantage of the COVID-19 pandemic to defraud citizens, steal sensitive information, or gain unauthorized access into computers or mobile devices using different techniques. You may keep up with that by clicking here.

In the weeks and months that followed CBN’s fraud alert, deposit money banks in the country have all intensified efforts at educating/encouraging their customers to become more careful and protective of their bank accounts. Numerous hands-on tips have also been emailed to these customers by the banks. In this article, we have summarised some of these tips, as you can see below:

RelatedStories

Government agencies identify benefits of insurance cover for losses from cybercrime

Government agencies identify benefits of insurance cover for losses from cybercrime

June 7, 2023
How hackers break into your WhatsApp account, and how to avoid them

How hackers break into your WhatsApp account, and how to avoid them

August 18, 2020
  • Never disclose your mobile app activation code to anyone over the phone, via SMS, email, or in person. Be warned!
  • Never reveal your card number, OTP, Pin, or password to anyone over the phone, via SMS, email, or in person. Do not do this, even when the person requesting for such details claim to be from your bank’s headquarters!
  • Desist from clicking suspicious links or downloading attachments and apps from unknown sources!
  • Do not entertain unsolicited phone calls, SMS, or emails asking you personal details about yourself or asking for information about your bank accounts!
  • Again, do not fall for fraudsters’ phishing baits. They are smart and you should be ten times smarter than them!
  • Update your security software by installing the latest updates of your operating system and mobile banking app.
  • Avoid unsecured wifi!
  • Do not perform sensitive financial transactions using public wifi or networks you do not know the source. Do not let your love for free things expose you to risks!
  • Instead, use a secure connection whenever you perform online transactions.

Remember, you worked hard for your money and the economic situation in the country at the moment is hard. It would, therefore, be a shame to have your money stolen just because you were careless for a moment. This is why you must do everything possible to protect your bank accounts.


Follow us for Breaking News and Market Intelligence.
Tags: CBN guides on protecting bank accountscyber crimeHow to protect your bank accountsTips on bank account safety
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

Related Posts

Government agencies identify benefits of insurance cover for losses from cybercrime
Sectors

Government agencies identify benefits of insurance cover for losses from cybercrime

June 7, 2023
How hackers break into your WhatsApp account, and how to avoid them
Spotlight

How hackers break into your WhatsApp account, and how to avoid them

August 18, 2020
NCC
Business News

NCC launches cyber-crime control centres across Nigeria

June 18, 2019
Fraud
Business News

E-transactions fraud to hit N6.1 trillion by 2021

November 16, 2018
FBI alerts banks around globe over imminent cyber attacks
Business News

FBI alerts banks around globe over imminent cyber attacks

August 14, 2018
Nigeria, South Africa and Kenya record millions of cyber-attacks in 2020
Business News

The cyber ecosystem has been weaponised; N127 billion lost to cyber crime

November 6, 2017
Next Post
Minister of power, Second largest hydropower project in Africa to finally take off after settlement of legal dispute

COVID-19: Minister of Power instructs contractors back to site as lockdown eases

Comments 5

  1. Anonymous says:
    July 13, 2020 at 4:15 pm

    Is it possible for ur account to be hacked with just ur account number, name and name of bank?

    Reply
  2. Taiwo Omotoso says:
    September 15, 2021 at 2:41 am

    How can someone protect his account having upon disclosed bvn, dob, names and other details to suspected financial scammer?

    Reply
  3. Taiwo Omotoso says:
    September 15, 2021 at 2:45 am

    How can someone protect his account after mistakenly disclosed bvn and other details to suspected fraudster

    Reply
  4. Ifeoma christopher says:
    November 1, 2021 at 2:20 pm

    How can I protect my account after disclosing my bvn

    Reply
  5. Temitope Ogunleye Timothy says:
    September 10, 2022 at 8:56 am

    How can I secure my account after disclosing my bvn, Otp and card pin

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

first bank








DUNS

Recent News

  • Customs issues 21-day ultimatum to 223 companies over N379.5 billion temporary import permit defaults 
  • H1 2025 unaudited report: Unilever Nigeria accelerates into high gear with 54% Revenue Growth and 444% Surge in operating profit
  • President Tinubu backs N4 trillion bond to resolve power sector liabilities 

Follow us on social media:

Recent News

NCS

Customs issues 21-day ultimatum to 223 companies over N379.5 billion temporary import permit defaults 

July 25, 2025
H1 2025 unaudited report: Unilever Nigeria accelerates into high gear with 54% Revenue Growth and 444% Surge in operating profit

H1 2025 unaudited report: Unilever Nigeria accelerates into high gear with 54% Revenue Growth and 444% Surge in operating profit

July 25, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics