Zimbabwe: MSU Student Accused of Hacking Cabs, Fraudulently Moving U.S.$1.1million

Zimbabwe: MSU Student Accused of Hacking Cabs, Fraudulently Moving U.S.$1.1million

A MIDLANDS State University (MSU) final-year Computer Science student has appeared before the Harare Magistrates Court facing allegations of hacking into CABS' computer systems and facilitating fraudulent transactions amounting to more than US$1.1 million.

Zimbabwean Student Faces Court After Allegedly Hacking One of Zimbabwe’s Biggest Banks and Causing Losses of More Than R20 Million

Zimbabwean Student Faces Court After Allegedly Hacking One of Zimbabwe’s Biggest Banks and Causing Losses of More Than R20 Million A 24-year-old Zimbabwean Midlands State University (MSU) final-year Computer Science student has appeared in court after being accused of carrying out a sophisticated cyberattack against CABS, one of Zimbabwe’s biggest and most well-known banking institutions. […] The post Zimbabwean Student Faces Court After Alleged…

Zimbabwean Student Hacks Top Bank CABS And Steals $1USD Million

Sabelo Malunga, a 24-year-old final-year Computer Science student at Midlands State University (MSU). The Charges: Charged with hacking CABS and siphoning over US$1.1 million. The Method: Allegedly installed an unauthorized remote-access application (SUPREMO) on a CABS-issued laptop during his internship, which he then used to access the bank’s servers remotely after his internship ended. The Malware: An internal […] The post WATCH: Zimbabwean S…

Student remains in custody over US$1,1m cyber theft

Source: Student remains in custody over US$1,1m cyber theft – herald Yeukai Karengezeka-Chisepo-Court Correspondent A MIDLANDS State University final-year computer science student accused of using malware to siphon over US$1,1 million from CABS through fraudulent VISA and ZIPIT transactions will remain in custody pending the determination of his bail application. Sabelo Malunga (24), who is […] The post Student remains in custody over US$1,1m cy…

MSU Student Accused of Masterminding US$1.1m CABS Cyber Fraud

A 24-year-old Midlands State University final-year Computer Science student has appeared in court accused of using malware to siphon more than US$1.1 million from CABS through fraudulent VISA and ZIPIT transactions. Sabelo Malunga appeared before Harare regional magistrate Francis Mapfumo facing a charge of hacking. […] The post MSU Student Accused of Masterminding US$1.1m CABS Cyber Fraud appeared first on 263Chat.

Zimbabwe Computer Science student Sabelo Malunga in court over alleged US$1.1m bank cyber heist

HARARE-(Maravipost)-A final-year Computer Science student at Midlands State University has appeared in court in Zimbabwe accused of stealing more than US$1.1 million from CABS bank through malware. The State alleges that 24-year-old Sabelo Malunga used remote-access software to break into the bank’s systems while he was working as an IT intern from November last year […] The post Zimbabwe Computer Science student Sabelo Malunga in court over all…