HACKERS STEAL $500,000 FROM PENSIONERS IN AUSTRALIA CYBERATTACKS. (PHOTO).

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  Hackers Steal $500,000 from Pensioners in Australia Cyberattacks Australia's largest pension funds have suffered a wave of coordinated cyberattacks, compromising over 20,000 member accounts and resulting in financial losses, including the theft of A$500,000 from four individuals. Hackers reportedly targeted major funds such as AustralianSuper, Australian Retirement Trust, Rest, Insignia, and Hostplus—collectively managing more than A$873 billion in retirement savings. AustralianSuper, which oversees A$365 billion for 3.5 million members, confirmed that about 600 accounts were breached using stolen login credentials.
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3 PEOPLE WERE ARRAIGNED YESTERDAY,FOR N25 MILLION EBONYI STATE LOCAL GOVERNMENT FRAUD.{PHOTO}.

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                The EFCC yesterday thursday,July 28,2016,arraigned the former Coordinator of Afikpo South Local Government Development Center of Ebonyi state,Hon. Ugwuocha Okorafor,his Treasurer,Christian Chukwu Owo and the Administrative Officer,Mrs Anne Eke Agwu,before Justice E.A Ngene of the State High Court,Afikpo,Ebonyi State,on a 15 {Fifteen} count charge of conspiracy and stealing of public funds totalling over N25,000,000.00 {Twenty Five Million Naira Only}.Okoroafor and his alleged co-conspiratorts were said to have at various times between 2013 and 2015 raised vouchers for payments ranging from contract awards,salaries and independence day celebrations in the names of staff of the development centre who denied ever authorized such vouchers nor received such funds.Investigation into the matter which was reported by Center for Prevention of Corruption and Human Right Initiatives and some staff of the development centre revealed that the accused persons padded their salaries and that of other staff above the approved limits with the connivance of a staff of the bank where the local Government is domiciled.The sum of N16,000,000 and N8,000,000 were at different times traced to the accused person's account which upon interrogation,they could not justify the source.

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