Latest / Zimbabwe News Today | 2 Min News | The Daily News Now!
Student Hacked Bank for $1.1M | Zimbabwe News
A 24-year-old computer science student from Midlands State University, Sabelo Malunga, is facing serious charges after allegedly hacking into CABS bank systems during his internship and siphoning over $1.1 million through fake transactions. The breach was uncovered in March when Visa flagged suspicious ATM withdrawals, revealing malware that enabled unauthorized ZIPIT payments and telegraphic transfers. Digital forensics experts from South Africa point to Malunga as the culprit, claiming he installed hidden remote access software and continued accessing the system post-internship. With no…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.