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GTBank Website Breach: Data Safe, It’s An Isolated Incident

LAGOS: One of Nigeria’s leading commercial bank, GTBank has announced that its website was not cloned as some have reported it but undergoing what is described as an “isolated incident of an attempt to compromise” the bank’s domain

The bank’s website has been down since Wednesday night and inaccessible to customers, prompting fears of a data compromise by its teaming customers.

The bank customers have been unable to access the bank’s website and do any kind of transaction since Wednesday night, raising worries concerning possible data breaches.

However, the financial institution issued a statement on Thursday, assuring all of its bank’s customers that the bank website has not been cloned and that it does not store customer information on it.

The bank therefore, urge its customers to please disregard the claims in these media reports and assure of its unwavering commitment to safeguarding customer data,” the bank said.

“We urge all our Customers to please disregard the claims in these media reports and assure you of our unwavering commitment to safeguarding customer data.”

Our dedicated team of Information Security Experts is currently working round the clock to restore domain settings, and we can assure our customers that our website will be up shortly,” the bank said.

The official statement said they urge all GTBank Customers to please disregard the claims in these media reports and assure of the bank unwavering commitment to safeguarding customer data.

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Lapses in renewing a company’s domain name are common. In 2015, Google missed the deadline to renew ownership of “google.com,” and a former employee bought it for $12. Google, which also owned the domain service provider, Google Domains, quickly reversed the transaction.

He also suggested that the bureaucracy involved in vendor payment may have delayed the renewal.

Failures to renew a business’s domain name are frequent. Google failed to renew ownership of “google.com” by the deadline in 2015, and a former employee bought it for $12. The sale was promptly abandoned by Google, who also controlled Google Domains, the domain service provider.

According to one developer who spoke with TechCabal, “the custodian of the email tied to the domain name may have simply stopped working at the bank and didn’t hand it over to someone else.” He said that the renewal could have been delayed by the red tape associated with vendor payments.

Some GTBank customers were able to access the website at the time of publication, while others were not able to. DNS propagation, or the amount of time it takes for changes to the domain to take effect, may be related to the access issues.

At the time of this publication, some GTBank customers could access the website while others could

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