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New internet virus destroys 500,000 online bank accounts in Nigeria

A new internet virus, code-named Trojan, is reported to have infected and destroyed more than 500,000 online bank accounts and affected several thousands credit cards in Nigeria, South Africa and some countries in the developed world.

17 Nov 2008

Trojan virus' origin is yet to be established, but computer experts on security say it was first detected in 2006 in the United States, United Kingdom, Australia and Poland.

According to a local daily newspaper in this commercial capital city of Nigeria, the virus has been under close scrutiny but no solution has been forthcoming.

Read the full article on itnewsafrica.com