Guaranty Trust Bank (GTBank) swiftly addressed concerns after an attempted hacking incident on August 14, 2024, that temporarily disrupted their website services. This event unfolded just one day following the renewal of the bank’s domain for an additional five years, raising alarms about potential data theft among its clientele.

Despite fears of website cloning and data interception circulated by media, GTBank confirmed the attack did not result in any data breach. The bank clarified that it does not store sensitive customer information directly on its website, which helped prevent any actual data compromise. They also emphasized that their mobile banking apps were operational during the disruption, which allowed customers to continue their transactions without interruption.

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In response to the incident, GTBank has deployed its team of information security experts who are working diligently to restore and secure the domain settings. The bank also urged customers to overlook sensational reports and reassured them about the integrity of their security systems.

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This incident highlights the increasing focus on cybersecurity within the financial sector, noting a growing trend of cyberattacks targeting financial institutions in Nigeria. GTBank remains committed to safeguarding customer data and has reassured its customers of ongoing efforts to enhance their robust security measures.