My 11-year-old nephew can hack eNaira: Nigerians scoff at CBN's claim

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Qemi
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December 8th, 2021, 2:42 pm

Recently, the CBN governor Godwin Emefiele boasted in the media in a bid to encourage Nigerians to use eNaira, that the system cannot be hacked. Here below are reactions this generated, as reported by Legit.ng
My 11-Year-Old Can Hack the e-Naira App: Nigerians React to CBN’s Claim That e-Naira is Hack-Proof Tuesday, December 07, 2021 at 6:22 PM by Pascal Oparada

Nigerians have scoffed at the Central Bank's claim that the e-Naira is impregnable to criminals who might attempt to hack it The apex bank was asked not to boast of lack of vulnerability of the e-Naira app as children as young as 11 years can hack it CBN had said the extra security layers added to the digital currency strengthened its security and prevents hacking

Many Nigerians have taken a swipe at the Central Bank (CBN) of Nigeria on its claim that the recently launched e-Naira is secure and impenetrable to hackers like cybercriminals known as Yahoo boys in local parlance. CBN’s director of communication, Osita Nwanisobi, had boasted that the apex bank has strengthened security around Nigeria’s digital currency, the e-Naira.

Legit.ng earlier reported Nwanisobi’s statement that the bank has added extra security layers to the e-Naira which makes it hack-proof.

“My 11-year old nephew can hack the e-Naira talk more of hardened cybercriminals.”

Joy Okenyi said: “Sorry sir, some of your trusted employees will give them all the access when the time comes. It's happening in the banks.”

Ifeany Okeke responded:
“Hahahaha I just laugh u're advertising the digit already na just small touch nd your workers will release the code..there will always be an insider abi no be dis naija we dey again.”

Don't provoke Yahoo boys, Nigerians warn CBN Others said the CBN is provoking the cybercriminals and challenging them to a fight that will make them attempt to hack the e-Naira app. Nigeria’s digital currency, e-Naira was launched in October to a false start which saw the app being pulled from app stores due to poor review. CBN later relaunched the app in the stores and said it has fixed some bug issues. READ ALSO Central Bank of Nigeria expresses displeasure commercial banks are ignoring eNaira a month after launch

CBN says to trust the e-Naira Earlier
Legit.ng reported that the Central Bank of Nigeria (CBN) urged all Nigerians to use the eNaira, claiming it is more secure than cryptocurrencies. This was disclosed by CBN spokesman, Nnamdi Okwuosa at the CBN Fair, with the theme, ‘Promoting financial stability and economic development.’ Explaining the benefits of eNaira, CBN said eNaira is more reliable if Nigerians want a digital currency for online transactions.
Read more: https://www.legit.ng/business-economy/m ... ack-proof/

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Deon
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Location: Some where in Nigeria
 

December 9th, 2021, 7:42 pm

Story for the gods...
CBN no tight for online security matter.
APP that a kid can use to practice hacking.
mtcheew
An eye for an eye left thousands blind,
remember that......
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