Point E: 168 million FCFA stolen after hacking, a Terminale student arrested

GSIE Technology, based in Point E, reported a loss of 168 million FCFA due to a cyber intrusion involving the creation of fake electronic wallets and unauthorized transfers. Hackers exploited a vulnerability in September, deploying malicious programs and exfiltrating customer data, including login credentials. On September 23, they carried out 842 transfers totaling 168,200,500 FCFA using fake wallets and customer accounts before the funds could be withdrawn.