MTN Nigeria's MoMo PSB is suing banks after $53 million breach - Quartz

MTN Nigeria's MoMo PSB reportedly lost $53 million to hackers. It may not get all of it back.

MoMo Payment Service Bank, the new financial services subsidiary of telecoms company MTN Nigeria, suffered a breach in the last week of May just days after launch, reportedly losing 22 billion naira … [+3448 chars]

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