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Nigerian banks battle growing ATM-related scams

July 27, 2008

This Day (Africa):ATMs in Nigeria have fallen victim to recent fraud attempts in the country, costing thousands Nigerian cardholders millions of naira. And the proliferation of ATMs in the country has fueled criminals' interest. Many are now relying on phishing to illegally obtain PIN numbers from unsuspecting consumers. Fraudsters send fake or phishing e-mails urging users to register their PINs online.

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