The Economic and Financial Crimes Commission has reportedly stated that most frauds in the banking sector were perpetrated by insider Information, Communication Technology employees.
This was reportedly made known by Abbah Sambo, the Head, Cybercrime Section of the EFCC, at a national seminar on Banking and Allied Matters for judges in Abuja.
According to him, “The rate at which young men are perpetrating cybercrime is seriously alarming. When we arrest these criminals, one major reason they give for going into the crime is peer influence.”
He disclosed that, “Cars in the names of their mothers and houses in the names of their fathers. There is a fundamental issue relating to decay in moral coverage in the society.”