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Bank of Africa Refutes Claims of Cyberattack on Its Systems

Tuesday 13 August 2024, by Sylvanus

Bank of Africa (BOA) denies reports of an attempted hacking of its computer system.

Reacting to an article published by Cyber Shafarat, specialized in the analysis of intelligence and reconnaissance data, an authorized source from Bank Of Africa denied any hacking of the bank’s computer system. It assured that the bank’s information system has not suffered any hacking or intrusion of this kind, reports Le360.

On July 19, a group of hackers announced that they were preparing to carry out a cyberattack against Morocco, starting from August 1. In a recently published article, Cyber Shafarat reported that "the attack against the Moroccan bank BMCE Bank has ended". According to the site, the cyberattack occurred on Sunday, August 11. The hacker group claimed to have succeeded in stealing 1.18 gigabytes of data, and threatened to publish information concerning the clients and employees of Bank Of Africa.

In total, 13 million registered credit cards, 413,000 archived loan certificates, 209 unarchived employee cards and 31 million valid and unarchived account data would have been targeted by the hackers. The site will add: "Now, 5 databases will be published, including other files, which will not be published until the file is sorted".

On February 11, 2023, hackers from a new cybercriminal group called Medusa had announced that they had stolen nearly two terabytes of data (2,000 gigabytes) from Bank Of Africa’s Malian subsidiary. According to local media, these cybercriminals would have demanded a ransom of 10 million dollars to return the allegedly stolen data. "If there has indeed been an attempted intrusion into our systems, it has been quickly blocked," the bank had indicated in a press release. And to assure: "At no time has our banking information system been affected".