Exploitation of BVN-Unlinked Fintech Accounts in Nigeria, Predicted to Rise in 2025 – Report

Nigeria’s burgeoning Fintech sector faces a growing threat from cybercriminals exploiting vulnerabilities in account verification. A report by the Cyber Security Experts Association of Nigeria (CSEAN), revealed that a key concern is the rise of “picker accounts,” typically Tier-1 accounts opened with minimal Know Your Customer (KYC) requirements and not linked to a Bank Verification [...]The post Exploitation of BVN-Unlinked Fintech Accounts in Nigeria, Predicted to Rise in 2025 – Report appeared first on Tekedia.

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