Zambia: Cyber Crime Costs Banks U.S.$4 Million

SEVERAL commercial banks in Zambia have been robbed of more than US$4 million (about KR20 million) since January this year, through a sophisticated cyber-crime syndicate by foreigners who are conniving with Zambians.

The foreigners are recruiting and training Zambians to siphon money from Automated Teller Machines (ATM).

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